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UK’s national infrastructure faces catastrophic cyber-risk

The UK government said that the country could be brought to a standstill by a catastrophic ransomware attack, according to a report… More

19 December 2023

The Bank of England (BoE) faces a major overhaul of its internal culture, governance and appointments practices following a critical report by the House of Lords. A key criticism of the bank –… More

The 'Winter 2023' edition of the Enterprise Risk magazine is available to read here. Download Link More

While cloud adoption by organisations accelerated during the pandemic, many financial organisations have chosen not to move back-office functions onto such external servers, according to a survey by Capgemini. The percentage of survey… More

Doing business has become more difficult and uncertain since 2021 and shortages of talent in key areas are hampering risk management efforts, according to a recent survey by Aon. While the risk rankings… More

For the first time in half a decade, the UK Corporate Governance Code is undergoing a significant transformation. The Code will provide extensive shifts in the responsibilities and obligations of larger organisations… More

The Bank of England (BoE) together with regulatory authorities have launched a series of documents which will form the basis for a new sterling-denominated stable coin regime for Britain. Papers published in November… More

The UK government has called for better understanding of artificial intelligence (AI) to balance the potential risks and opportunities in a discussion paper on the topic. There are a wide range of potential… More

Compliance functions and risk managers said that their top strategic priorities over the coming 18 months are keeping abreast of regulatory changes and mitigating emerging risk, according to Thomson Reuters. Half of respondents… More

Cyber risk is the leading systemic risk for the financial sector, according to the most recent report by the Bank of England. And while only 38 per cent said a high-impact event was… More