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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
The U.S. Consumer Financial Protection Bureau (CFPB) is proposing to eliminate a registry that tracks nonbank corporate offenders, which was established under the Biden administration to monitor companies violating consumer laws. Acting Director Russell Vought expressed concerns that the compliance costs for businesses may outweigh the "speculative and unquantified benefits" of the registry. The CFPB is currently seeking public feedback on this proposed cancellation, marking a significant shift in the agency's approach under the Trump administration.
Full Issue
Risk Channel
UK/Europe
Marks & Spencer has reported that the recent cyber attack has compromised some personal customer information, although it reassured that no usable payment details or passwords were taken. The retailer has engaged cybersecurity experts and reported the incident to relevant authorities, including the Information Commissioner's Office (ICO), which is collaborating with the National Cyber Security Centre. Customers have been advised to reset their passwords for added security. M&S is continuing to experience shortages of fresh produce, bakery items, and dairy products, with shoppers reporting gaps in stock and issues with payment systems. Online delivery slots have been unavailable since 25 April. An M&S spokeswoman said that staff are "working around the clock to get things back to normal for our customers as quickly as possible." However, the company has not provided a timeline for when shelves will be fully restocked.
Full Issue
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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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“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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