Sector Risks | StrategicRISK Global

Agriculture

Shiitake happens: Taiwan’s veg smuggling row exposes a wider supply chain risk

Taiwan has accused Chinese firms of routing banned Napa cabbage and shiitake mushrooms through Vietnam, relabelling them as Vietnamese, and shipping them past a ban on more than 1,000 Chinese agricultural products. A $410 forged certificate of origin and up to $15,800 in profit per container explain why the case ...

Sector focus: Why water scarcity is moving from an ESG issue to an operational threat

Factories are shutting down, supply chains are fracturing and regulators are tightening the tap. For risk managers across Asia Pacific, water scarcity has moved from the sustainability report to the risk register.

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Chemical

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.

How a major European petrochemical firm de-risked its ethylene cracking expansion

Managing the risk of a major ethylene cracking expansion program is not for the faint-hearted. GleeYM program and risk management consultant Yasir Masood explores the proactive strategies that mitigated a multitude of challenges, from safety to supply chain delays and special permits.

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Communication, Media and Tech

RiskWorld 2026: why faster risk data is becoming critical

ICEYE’s Stephen Lathrope reflects on his key takeaways from RISKWORLD 2026, where climate, cyber and geopolitical risks highlighted the need for faster, more reliable data to improve situational awareness, response and recovery.

Case study: how ABB is making ERM work in a decentralised business

At ABB, enterprise risk management has been redesigned around business language, accountable risk owners and longer-term signals. Mike Devine explains why a risk on a heat map is not the same as a risk being managed.

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Construction

SR Q2 2026: Reflections at 40,000 feet

Recent conferences have left me more convinced than ever that platforming risk voices is our raison d’être. Innovators are telling me that it’s all about improving decision-making, and this issue is dedicated to helping you do that.

Construction firms warned cyber attacks could derail project delivery

Risk managers can no longer afford to treat cyber as an IT issue on construction projects. QBE warns that ransomware and system disruption can quickly turn into delays, disputes and escalating costs.

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Energy, Power and Utilities

Case study: how E.ON is turning climate risk data into better business decisions

E.ON’s Kristin Barev explains how the energy group is using climate risk analytics to support asset planning, resilience investment and cross-business decision-making.

How the Middle East conflict could reshape supply chains – and how risk management can help

As conflict in the Middle East puts renewed pressure on energy flows, freight costs and key trade routes, Sapna Amlani, supply chains industry practice lead at Moody’s, explains why companies need to understand chokepoints, rethink efficiency-led models and build more resilient supply chains.

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Financial Services

Disruptive, not destructive: How operational risk leaders are responding differently to the West Asian conflict

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.

The challenger: How Luiza Karolina Rosinska is strengthening digital risk prevention at CIMB Bank Philippines

CIMB Bank Philippines’ Luiza Karolina Rosinska boasts a varied career path shaped by curiosity and courage. We have to be ready to embrace change, she tells SR, because the big things only happen outside the comfort zone.

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FMCG

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.

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Healthcare, Life Sciences and Pharma

Rising tensions, rising threats: How geopolitics impacts cyber security

David Ferbrache of Beyond Blue argues that as geopolitical conflict increasingly spills into the digital domain, organisations in critical supply chains must prepare for destructive cyber attacks designed to disrupt, disable and destabilise.

Are risk managers sleepwalking into ‘silent AI’ exposure?

With AI embedded in everything from automated building systems to contract reviews, uncertainty over where losses would sit within insurance programmes is growing. Market participants warn that regulatory clarity may follow, echoing the silent cyber reforms of recent years.

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Hospitality, Leisure and Travel

Case study: how Airbus turned cyber risk into a financial decision tool

Airbus has built a cyber quantification method around one deceptively simple question: what would disruption actually cost the business?

Case study: how three airlines are folding risk into day-to-day operations

Speakers from Southwest Airlines, easyJet and Air Canada discussed how safety is being used not only to reduce incidents, but to improve reliability, sharpen decision-making and strengthen operational performance.

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Manufacturing

Manufacturers face severe ransomware losses as cyber controls fail

New Resilience analysis finds ransomware accounts for 90% of incurred manufacturing cyber losses, despite making up just 12% of claim volume, highlighting the need for better MFA validation, vulnerability management and incident response.

Sector focus: Why water scarcity is moving from an ESG issue to an operational threat

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Retail

European product recalls hit record high as regulatory complexity grows

Record levels of product recalls across Europe highlight growing regulatory scrutiny, supply chain pressures and expanding lifecycle liability risks facing manufacturers and risk managers.

Cyber response readiness: Why risk managers must lead from the front

Recent cyberattacks targeting prominent UK retailers have exposed the far-reaching consequences of digital disruption. Helen Nuttall, UK head of cyber incident management at Marsh, explains how risk managers can enhance organisational preparedness, facilitate cross-functional coordination, and refine crisis response strategies.

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Transport and Logistics

Benelux cargo crime grows more sophisticated as criminal networks target logistics weak spots

New analysis from TT Club, BSI Consulting and TVM suggests cargo theft in Benelux is becoming more organised, more digitally enabled and harder to spot, raising fresh questions for risk managers about subcontractor controls, secure parking and supply chain visibility.

Case study: Building risk resilience into a high-stakes infrastructure expansion

In major infrastructure projects, the real test of risk management is not identifying threats but managing how they intersect. In this port expansion, resilience depended on building a framework that could respond as those connections shifted over time.

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