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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 court in New Mexico has ordered Meta to pay $375m for misleading users over the safety of its platforms for children. A jury found that Meta, which owns Facebook, Instagram and WhatsApp, was liable for the way in which its platforms endangered children and exposed them to sexually explicit material and contact with sexual predators. This is the first jury trial to find Meta liable for acts committed on its platform. “The jury’s verdict is a historic victory for every child and family who has paid the price for Meta’s choice to put profits over kids’ safety,” said New Mexico’s attorney general, Raúl Torrez. “We respectfully disagree with the verdict and will appeal," a Meta spokesperson said. "We work hard to keep people safe on our platforms and are clear about the challenges of identifying and removing bad actors or harmful content."
Full Issue
Risk Channel
UK/Europe
The use of artificial intelligence at Norway's $2.1 trillion wealth fund, which is improving investment decisions and saving "billions of kroner" in trading costs, will not lead to job cuts, its chief executive officer Nicolai Tangen has said. “You should introduce AI in society to increase your production and value creation rather than cutting people out,” he said, describing such cuts to staff as “destructive.” Bloomberg notes that more than half of the fund’s 650 employees currently write code as part of a drive to boost efficiency by 20% across the organisation.
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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