Sector Risks
Sector spotlight: Food firms strengthen continuity as confidence falls
Food, beverage and agriculture businesses are formalising continuity plans, but confidence has fallen as risks spread across operations and gaps in resources and insurance protection persist.
Strait of Hormuz disruption exposes risks far beyond oil
Renewed disruption in the Strait of Hormuz is showing how quickly a shipping crisis can spread through global energy, trade and food systems
Strait of Hormuz disruption exposes risks far beyond oil
Renewed disruption in the Strait of Hormuz is showing how quickly a shipping crisis can spread through global energy, trade and food systems
PFAS crackdown expands to new sectors amid extended EU timeline
European regulators have published an updated proposal to restrict PFAS under REACH, alongside a new timeline that pushes the scientific evaluation process out to the end of 2026. Risk managers must prepare for a protracted but far-reaching regulatory shift.
Sector focus: Entertainment’s hidden workplace injury exposure
Workplace injuries are common across film, television and theatre, yet many never appear in claims data. New research is examining the reporting gap and what could improve prevention.
Case study: How an AI cyber test led to unsanctioned real-world actions
A routine cyber evaluation at the UK AI Security Institute resulted in autonomous agents taking unsanctioned action against real people and organisations, exposing gaps in internet controls, monitoring and test design.
Cannabis farms leave landlords facing six-figure repair bills
Cannabis farms are increasingly being found in shops, offices and other rented commercial premises, leaving landlords exposed to fire, water damage, dangerous electrical alterations and lengthy periods of vacancy, Zurich UK warns.
Case study: How two companies used financial modelling to reshape cyber investment
A decentralised construction group and a biotechnology company used cyber risk quantification to prioritise controls, justify spending and build security plans around potential financial loss.
Lithium chokepoints put global supply chains at risk
WTW research shows how shocks across South America’s Lithium Triangle could spread through contracts, logistics networks and balance sheets without causing direct physical damage.
Opinion: Heatwaves are exposing a hidden balance sheet risk for power generators
Alistair Moodie, chief product officer at risk analytics platform SAMP Risk, discusses how heatwaves are impacting the power market, pinpointing that static surveys do not provide coherent enough data to support risk transfer
Bank of America fined $1.21bn over longstanding failures in financial crime controls
US regulators found that Bank of America failed to address serious weaknesses in its transaction monitoring and compliance systems, allowing billions of dollars in suspicious activity to go unreported.
Case study: How sanctions pressure exposed gaps in Citibank’s controls
A £4.7m fine against Citibank’s London branch exposes how sanctions controls came under strain as alert volumes surged following Russia’s invasion of Ukraine.
Case study: how The Co-operative Group put value creation at the heart of risk management
Former Co-op head of risk and governance Stefan Gershater explains why risk teams need to stop leading with registers, controls and heat maps, and start with the business objectives they are trying to protect.
How AI is pushing risk management from control to strategy
At Risk-!n, Lisa Bechtold of Nestlé and Mindy Simon of Aon said AI can help risk managers make faster, better-informed decisions, but only if organisations get the data, governance and accountability right.
Climate risk exposes adaptation gaps in pharma supply chains
Almost nine in ten pharmaceutical companies expect climate-related disruption to their supply chains to increase, but new research suggests practical adaptation remains limited and supplier visibility is still a significant barrier.
Opinion: What happens when artificial intelligence is enabled to monitor strategic enterprise risks?
An enterprise risk manager’s view on how artificial intelligence (AI) can be implemented into day-to-day risk management tasks, taking care of the mundane so that risk professionals can deliver what AI cannot – expertise and judgement
Why Japan’s lean supply chains are proving a soft target for ransomware
A run of attacks on Japanese logistics and distribution companies shows how quickly one breach can empty shelves when supply chains carry almost no slack
Drone threat raises risk for businesses using Russian airspace
Ukraine has called for civilian flights through Russian airspace to be prohibited as expanding drone operations cause growing disruption at Russian airports and increase the risks facing airlines and insurers.
How warehouse design can amplify lithium-ion battery risk
As lithium-ion battery volumes rise, TT Club says warehouse operators need to rethink storage density, racking, contractual controls and fire protection to stop an isolated failure escalating into a major loss.
Group litigation risk puts historic records under scrutiny
Polly Sayers, legal advisor and insurance market analyst at HCR Law, says companies need to preserve historic policies, training records and exposure data as PFAS, environmental and product liability claims become harder to contain.
Why Japan’s lean supply chains are proving a soft target for ransomware
A run of attacks on Japanese logistics and distribution companies shows how quickly one breach can empty shelves when supply chains carry almost no slack
Case study: how a single phone call cost Marks & Spencer £300m
A social engineering attack through a third-party helpdesk forced retailer Marks & Spencer into an online order shutdown that decimated profits. The incident provoked serious questions about vulnerabilities in detection, response planning, and outsourced risk.
Ageing fleets. New solutions
Facing escalating geopolitical tensions and climate conditions, the maritime industry faces increasing vulnerabilities to disruption. AI and data analytics are stepping in to support future transformation, says Alice Kwok.
Why Japan’s lean supply chains are proving a soft target for ransomware
A run of attacks on Japanese logistics and distribution companies shows how quickly one breach can empty shelves when supply chains carry almost no slack
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