Analysis – Page 2
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AnalysisThird of internal auditors yet to adopt data analytics
Audit body argues that advanced analytics is the key to navigating an increasingly volatile risk landscape
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AnalysisThree in four large firms hit by cyber attack since 2019
Indirect losses, such as reputation damage or ransoms paid by an insurer, were actually often more costly than the initial incident itself
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AnalysisFraudsters target professional services firms
Claims caused by fraudulent instruction and business email compromise are on the rise - Beazley
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AnalysisDon’t leave the ‘door open’ to cybercriminals, warns ICO
Regulator fines a UK construction firm £4.4m for data protection breach caused by ‘complacency’
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AnalysisPrioritising ESG improves legal, regulatory risk
As tighter regulation comes into play, firms must extend their focus around ESG internally and within their wider value chain
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AnalysisSR Q3 2022: Inflation - staying grounded
Even the risk community isn’t keen on trying to predict the next crisis, as each one seems to have a cascade effect
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AnalysisPinning down inflation effects
Soaring inflation is creating issues on many levels - but there are things you as a risk manager can do
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AnalysisUK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
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AnalysisSmaller firms are becoming bigger targets for cyber criminals – Coalition
The cyber insurer’s head of claims says ’small businesses are especially vulnerable because they often lack resources’
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AnalysisCost of living crisis drives greater fraud volume
Difficult economic conditions are leading to higher levels of fraud from non-traditional perpetrators
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AnalysisTech is key to tackling financial fraud - FCA
FCA CEO Nikhil Rathi says data and technology are essential to fighting the rising tide of fraud
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AnalysisCost of living crisis fuels risk of fraud
Amid “perfect conditions” for fraud to flourish, boards must improve controls and better harness the skills of internal auditors
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AnalysisHalf of consumers have been exposed to fraud - Experian
Seventy percent of businesses say preventing fraud is their top concern as most consumers expect to increase online activity
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AnalysisUK audit reform proposals ‘long overdue’
For the first time, the largest private companies – not just those listed on the stock exchange – will come under the scope of the regulator
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AnalysisIIA: Businesses facing perfect storm of risks
Conflict in Ukraine has exacerbated the severity and range of risks businesses are now grappling with
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AnalysisAndy Burnham: Managing risk is an “ongoing reality”
Manchester mayor says ’challenging norms’ will help manage risks moving forward
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AnalysisFirms face heightened risk of fraud
82% said their organisations had been significantly impacted by fraud and illicit activity - Kroll
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AnalysisFinancial firms fear advanced cybercrime
Cyber threats, macroeconomic change and geopolitical turbulence will shape emerging risk landscape
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AnalysisPandemic behind record rise in fraud
A “perfect storm” created increased exposure to cyber, social engineering, phishing and CEO fraud, finds new research
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AnalysisRecord fines for firms let down by D&Os
Fines totalling nearly half a billion pounds were handed out to UK companies during 2021 - BLM
