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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
Financial Stability Board Chair Andrew Bailey said AI-driven cyber risk is the most immediate concern facing global financial stability because advanced models could transform the speed, scale and economics of attacks. Bailey, who also serves as Bank of England governor, warned that many countries lack systems to manage increasingly powerful AI deployments and that financial institutions’ reliance on a small group of technology providers could weaken market confidence. He said “advances in capability are matched by resilience and preparedness” must be a priority globally. Regulators are also concerned that AI could accelerate the discovery of cyber vulnerabilities faster than institutions can safely patch, test and recover. Beyond cybersecurity, Bailey highlighted stretched AI valuations, weaknesses in government debt markets and increasing leverage in equity markets as additional financial stability risks.
Full Issue
Risk Channel
UK/Europe
Germany's IG Metall union has warned that its members will resist attempts by Volkswagen to undo a previously agreed restructuring package, although it stopped short of threatening strikes ahead of a critical board meeting scheduled for the end of this week that will see a vote on what currently are three rival restructuring proposals. The automaker's biggest overhaul to date could include plant closures, the carve-out of some units and 50,000 further layoffs. "I can only warn you: If the board tries to call this agreement into question again, then the factory floors will be up in arms at all our sites," Thorsten Groeger told workers in Hanover, one of the sites that faces closure. "We will oppose it with all our might," said the representative for Germany's largest union.
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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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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