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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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Recent Editions
Risk Channel
North America
A hacker has gained access to a Bain & Co internal AI tool used by part of the consultancy’s private equity practice to help assess companies for due diligence and investment analysis. CodeWall - an autonomous offensive security platform - said it had a foothold on the platform within 18 minutes. The hacker has previously exposed cyber security flaws in systems at rival consultancies McKinsey and BCG.
Full Issue
Risk Channel
UK/Europe
The European Central Bank (ECB) wants EU governments to expedite a European Deposit Insurance Scheme (EDIS) to break a protracted impasse in banking integration while warning against diluting guardrails to boost lenders’ competitiveness. The Financial Times notes that a pan-European deposit insurance has long been seen as the missing link in creating a level playing field for European banks. “Euro area central banks are united: the crucial step to strengthen Europe’s competitiveness is a truly single banking market where capital and liquidity can move across borders and all deposits are protected equally,” said Luis de Guindos, Vice-President of the ECB. “The Eurosystem is firmly committed to addressing undue complexity in the EU.” Claudia Buch, Chair of the ECB’s Supervisory Board, said: “Better integrated markets and more cross-border competition can allow banks to better reap economies of scale and diversify their activities. This, together with guardrails that safeguard financial stability, can strengthen banks' business models and their resilience.”
Full Issue
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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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