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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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Risk Channel
North America
DOJ secures indictment of Iranians accused of cyber theft campaign

The Department of Justice (DOJ) has unsealed a 14-count indictment against 17 Iranian nationals who are accused of conducting a cyber theft campaign on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC). The indictment alleges that the group targeted at least 144 U.S. universities, 178 foreign universities, and 42 U.S. private companies, stealing over 31 terabytes of academic data and intellectual property. U.S. Attorney Jamie McDonald said: “These charges reveal the broader network allegedly behind a sweeping, state-sponsored campaign to steal research and intellectual property.” The charges include conspiracy to commit computer instructions and wire fraud. Maximum sentences range from five to 20 years. The State Department is offering a reward of up to $10m for information on five of the defendants.

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Risk Channel
UK/Europe
Apple revises EU App Store fees to meet competition rules

Apple has announced a new fee structure for apps distributed in the European Union as it seeks to comply with the bloc’s Digital Markets Act and resolve disagreements with regulators. From October 1st, Apple will charge a 5% Core Technology Commission on digital transactions for apps distributed through alternative marketplaces or the web, replacing its previous Core Technology Fee and eliminating separate acquisition and store services fees. Apps distributed through Apple’s App Store but using alternative payment processing will face a 20% commission, falling to 10% for developers participating in its small business programme. Apple said the changes will create a single set of EU developer terms similar to those offered in markets including Japan and Brazil. The European Commission has welcomed the changes and will monitor their implementation. However, Epic Games, which has long challenged Apple’s App Store practices, criticised the new commission as a “junk fee” and argued that the changes do not go far enough to promote competition.

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