News

News

Risk from external fraud gathers pace

The risk from external fraud has gathered pace over the past twelve months with seven in ten businesses affected, according to the… More

1 July 2022

UK businesses said that they felt less prepared for geopolitical in a survey conducted by the insurer Beazley. Its Risk and resilience survey found that confidence in resilience against war and terror… More

Green adverts must consider the full environmental impact of the products they describe following recent rulings by the UK’s Advertising Standards Authority (ASA). In a ruling against the supermarket Tesco, ASA said… More

Organisations must embed strategic risk management into its decision-making process to get full value from its capabilities. Risk functions need to adapt to provide real-time insight in today’s fast-moving world, according to… More

Operational Risk continues to be a topic of interest across industries. Uncertainties abound. Cyber risks are pervasive as ever and political change brings new complexities to compliance activities. As organizations face continuing… More

The governments of the UK and Hungary launched windfall taxes to tackle the rises in living costs because of soaring energy prices. In the UK, chancellor Rishi Sunak announced a 25 per… More

The risk of food shortages increased from already high levels because of the conflict in Ukraine, said leading world agencies. The number of severely food insecure people has doubled in two years… More

The Bank of England regulator said the financial sector must improve operational resilience in its first annual review of the topic since rules came into force last year. In particular, David Bailey,… More

Ransomware attacks increased by 80 per cent over the last 12 months, according to a Sophos white paper. That means that ransomware attacks hit two out of three organisations in 2021. This demonstrates… More

Businesses are attempting to shield customers from price hikes by absorbing costs where they can, according to government figures. More than one third (36 per cent) of businesses absorbed costs because of… More