The EU’s Digital Omnibus promises much-needed simplification of data, AI and cyber rules, with a single entry point for reporting incidents. But gaps around CRA and AI Act reporting could dilute its impact, says FERMA’s Adrien Boudet.
New Allianz Risk Barometer analysis suggests businesses are increasingly concerned about extreme systemic shocks, with supply chain paralysis and a global internet outage emerging as the most plausible Black Swan scenarios over the next five years.
A routine cash-handling function turned into a multimillion-dollar loss when a misconfigured ATM enabled six weeks of fraudulent withdrawals. The case exposes deeper weaknesses in governance, data flows and assurance that allowed the incident to escalate unchecked.
As farming becomes increasingly digitised, cyber risk is emerging as one of the most under-appreciated threats facing the sector. From automated machinery and connected supply chains to underinsurance and climate volatility, agriculture is evolving into a complex risk environment that challenges traditional assumptions about protection and resilience.
Cyber risk tops Aon’s global rankings, yet in Korea it sits far lower on the agenda. StrategicRISK spoke to Aon Korea chief executive Kevin Kim to explore why one of the world’s most digitally advanced economies still appears to underestimate the threat.
As conflict in West Asia sends disruption through cyber systems, supply chains, energy markets and shared infrastructure, Dr Luke Carrivick, executive director at ORX, argues that operational risk leaders must respond to a faster, broader and less geographically contained threat than the Russia-Ukraine war.
Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.
Previously a back-office function, resilience in the digital space is now in the spotlight. At an SR:500 roundtable in asssociation with Marsh, risk leaders explored how AI, regulation and culture are highlighting new strategies and demanding board-level attention.
As regulatory frameworks such as NIS2, DORA and the EU AI Act begin to overlap, organisations face mounting pressure to rethink how governance, risk and compliance operates in practice. Riskonnect’s Sherry Dillon explains why traditional compliance approaches are no longer enough.
In a new regulatory era heralded by DORA, accountability is on a whole new level. If you are a decision-maker, you could be held responsible for compliance failures far down your vendor chain. Companies must be insurance ready, warns BHSI’s Koen Cambré and Adrienne Sitbon.
Webinar: With boards more engaged, our next mission is clear: offer a wide-angle lens on how risks interact, and why risk management and opportunity can co-exist. Our panellists share candid insights on how to turn silos into the strategies a board wants to see.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions