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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
Central bank urged to strengthen how it protects employees

The Inspector General (IG), the Federal Reserve’s internal watchdog, is urging the central bank to strengthen how it protects employees and information ​during periods of international travel where foreign intelligence agencies might ‌be operational. The IG said the Fed currently lacks a formal program to prepare staff for international travel and does not make checks after staff trips to investigate whether anything suspicious has occurred. The central bank does not have ⁠a program to track employee foreign travel or to share risk assessments, ​and it does not have the tools to make sure staff comply with ​foreign travel rules, the watchdog said.

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Risk Channel
UK/Europe
Former Nigeria oil minister cleared in UK bribery trial

A former Nigerian oil minister has been cleared of taking bribes from wealthy oil ​and gas industry figures seeking lucrative contracts in Nigeria. Diezani Alison-Madueke was found not guilty after a trial at London's Southwark Crown Court of five counts of accepting bribes and a charge of conspiracy to commit bribery. Alison-Madueke was Nigeria's oil minister between 2010 and 2015 and the one-time president of oil cartel Opec. Her acquittal is a blow for the UK's National Crime Agency (NCA), which had been investigating her for 13 years. "This case has exposed just how tough it is to investigate and prosecute alleged corruption involving political elites," said Zainab Saleem from campaign group Spotlight on Corruption. Alison-Madueke's lawyers argued the spending cited by the prosecution was reimbursed, by the Nigerian state for official business or by herself for personal ​expenses.

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