The ‘Winter 2022’ edition of the Enterprise Risk magazine is available to read here.

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Globalization has increased the complexity of supply chains beyond recognition with many businesses having thousands, and often tens of thousands, of direct and indirect suppliers. Major crises such as the global pandemic and the conflict in Ukraine have created Read more

Geopolitics and ransomware attacks lead the list of cyberrisk concerns for global businesses, according to Allianz. In addition, businesses say they are worried about government-backed attacks against companies, infrastructure and supply chains because of the war in Ukraine Read more

Supply chain waste costs businesses $163 billion annually, according to recent research.

Most commonly, goods either exceed their sell-by date while in transit or the waste arises from overproduction. In fact, according to the report The missing billions by Read more

Businesses are failing the digital trust test as their ability to protect customers lags expectations, according to a survey by McKinsey.

It found that while 70 per cent of consumers trust the companies they do business with to protect Read more

Financial firms are struggling to quantify climate-related risk, according to the sector watchdog the Prudential Regulatory Authority (PRA).

After analysing audit reports for 2021-2022, it wrote to firms in October highlighting key areas of note. Firms have taken action Read more

Cyberattack preparations may not be robust enough to withstand real attacks at many organisations, according to a recent report.

The analyst IDC said that 85 per cent of organisations have playbooks for cyber intrusion detection, prevention and response. Read more