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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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Risk Channel
North America
OpenAI says its AI technology caused a major cyber breach by itself

OpenAI has said its artificial intelligence system hacked into another AI company on its own in what the company called an “unprecedented cyber incident.” AI startup Hugging Face last week said that it had detected an intrusion into its data processing systems that it suspected was caused by an AI agent acting autonomously. “AI is accelerating the discovery and exploitation of vulnerabilities,” OpenAI said. “The primary lesson from this incident is that model security and safety must keep pace with rapidly advancing capabilities.” OpenAI said it expected this type of incident to become “more commonplace with the proliferation of increasingly cyber-capable models.”

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Risk Channel
UK/Europe
Poland and Hungary move to curb non-EU migration

Reuters reports that Hungarian Prime Minister Peter Magyar and his Polish counterpart Donald Tusk - who have both been besmirched by nationalist rivals as soft on immigration - are opting ​for curbs on foreign labour. Tusk's government cut work permits for non-EU citizens by 22% last year, while Hungary's new government recently ceased issuing worker visas to employees from the Philippines, Georgia and Armenia. Economists and business groups warn such moves may hurt the two countries' growth prospects. "Fewer workers mean slower ​growth and less tax coming in, while an older population costs more in pensions and health," said Marcin Tomaszewski, lead economist for the EU region at the European Bank for Reconstruction ​and Development (EBRD). "Both [countries] are ageing before they are rich, and both only recently became places people move to rather than leave," he said. Public opinion ​polls show broad support for migration curbs.

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