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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
The European Commission is considering reshaping a proposed EU-wide corporate levy to generate more revenue from large U.S. technology companies such as Apple, Meta, and Google without specifically targeting the digital sector and risking retaliation from the Trump administration. The existing Corporate Resource for Europe proposal would require companies operating in the EU with annual revenue above €100m ($111.87m) to make a lump-sum contribution, but officials are considering raising the revenue threshold and contribution levels to focus the levy on the largest corporations. The changes could increase the amount collected from Big Tech while addressing concerns that the current proposal would disproportionately affect medium-sized European companies. The levy would apply across industries, rather than exclusively to technology companies, and is one of five proposed new EU revenue sources intended to collectively raise about €60bn annually for the bloc’s common budget beginning in 2028. Any changes would require unanimous approval from all 27 EU member states. Brussels is exploring alternatives after international efforts to reform multinational corporate taxation stalled, and amid concerns that a dedicated digital services tax could trigger U.S. trade retaliation.
Full Issue
Risk Channel
UK/Europe
Asos is investigating unauthorised activity involving third-party platforms after hackers hijacked its app notification system and sent alerts directly to customers, claiming to have compromised the retailer’s Snowflake data storage environment. Asos said basic personal information, including names and contact details, may have been accessed, although it does not believe payment-card details or passwords were affected. Snowflake said it had found no evidence that its platform was compromised. Customers were warned to disregard the notification and avoid its external link. Shares in Asos fell by as much as 14% following the incident. Cybersecurity experts described the tactic as highly unusual because the attackers used the retailer’s own communication system to publicise their claims and apply pressure. Marijus Briedis of NordVPN called it “an unusually brazen and threatening message”. The incident comes as Asos continues a wider business turnaround amid strong competition, debt pressures and constrained consumer demand.
Full Issue
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