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Recent Editions
Risk Channel
North America
The Securities and Exchange Commission has dismissed its high-profile lawsuit against SolarWinds and its Chief Information Security Officer, Timothy Brown, over the 2020 Russia-linked Sunburst cyberattack. The case, filed in 2023, accused the firm of hiding security flaws but faced judicial pushback and industry criticism. A joint motion to dismiss with prejudice was filed Thursday. SolarWinds welcomed the move, saying: “We hope this resolution eases the concerns many CISOs have voiced.” The cybersecurity sector had feared the case could discourage transparency among security leaders.
Full Issue
Risk Channel
UK/Europe
UK consumer confidence tumbled in November, according to the British Retail Consortium, with concerns about the contents of Chancellor Rachel Reeves' budget next week heightening anxieties. Net consumer expectations for the UK economy over the next three months fell to -44% from -35% in October, the lowest since April and also the biggest month-to-month fall since April, while net consumer expectations for personal finances over the next three months dropped to -16% from -11%. “Strong hints by government, earlier this month, of income tax rises heightened public concern about their own finances and the wider economy, though government has since rowed back", commented BRC chief executive Helen Dickinson. “The Chancellor needs a few rabbits from the Budget hat next week to bolster weak consumer and business confidence – both essential for economic growth".
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New Broom at S.E.C
In the closing days of the 1960s, a boy walks quickly along the sidewalk as he follows his father striding purposefully in and out of the smoky roadside bars and diners of Baltimore. His father enters an establishment, a tired neon light flashing, and exchanges words with the bar-tender as the boy hops up onto a stool. It is a well-rehearsed routine....
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Here Comes The Bribe
How robust are the anti-bribery strategies in your organisation? Do you have any? Bribery is not a phenomenon limited to multinationals operating in some of the more obscure, less-regulated areas of the world.
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Whistle Test Is Coming
The demands for “whistle blowing” employees to be given more protection are growing. The following stories selected from the daily news newsletter highlight this trend
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CEOs Fret Over Lost Remote Control
“Over recent weeks as politicians signal that societies now need to live with Covid-19 and have announced the lifting of distancing restrictions some high-profile CEOs have publicly called for their workforces to re-embrace the office as the Covid pandemic threat recedes
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ESG Is Not Another Name For CSR
Back in the distant 1980s if you wanted to demonstrate your environmental and ethical credentials it was sufficient to shop at or purchase shares in retailer The Body Shop.
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