Risk management news

Here are some recent news articles and updates on risk management:

Cybersecurity Risks

• "Cybersecurity Risks on the Rise: 5 Ways to Mitigate Them" (Forbes) - A recent report by IBM found that the average cost of a data breach is $3.92 million, highlighting the need for effective cybersecurity risk management strategies.
• "Cybersecurity Risks in the Supply Chain: A Growing Concern" (Supply Chain Management Review) - As global supply chains become increasingly interconnected, cybersecurity risks are becoming a major concern for companies.

Regulatory Risks

• "New EU Whistleblower Protection Rules: What You Need to Know" (Risk Management Magazine) - The European Union has introduced new whistleblower protection rules, which aim to encourage employees to report wrongdoing without fear of retaliation.
• "SEC Proposes New Rules for Climate Change Disclosure" (Environmental Leader) - The US Securities and Exchange Commission (SEC) has proposed new rules requiring publicly traded companies to disclose climate-related risks and opportunities.

Operational Risks

• "Operational Risk Management: A Key Component of Business Resilience" (Business Insurance) - Operational risk management is critical for businesses to mitigate the impact of unexpected events, such as natural disasters or supply chain disruptions.
• "The Importance of Supply Chain Risk Management" (Supply Chain Digest) - Supply chain risk management is essential for companies to identify and mitigate potential risks, such as supplier insolvency or natural disasters.

Insurance and Reinsurance

• "Reinsurance Market Faces Increased Risk of Catastrophic Losses" (Reinsurance News) - The reinsurance market is facing increased risk of catastrophic losses due to climate change, natural disasters, and other factors.
• "Insurance Industry Must Adapt to Changing Risk Landscape" (Insurance Business America) - The insurance industry must adapt to changing risk landscapes, including climate change, emerging technologies, and shifting consumer behaviors.

Other Risk Management News

• "Risk Management in the Age of Artificial Intelligence" (Risk Management Magazine) - As AI becomes increasingly prevalent in business, risk managers must consider the potential risks and opportunities associated with AI adoption.
• "The Role of Risk Management in Achieving Business Objectives" (Forbes) - Effective risk management is critical for businesses to achieve their objectives, including increasing revenue, improving efficiency, and reducing costs.

These are just a few examples of recent news articles and updates on risk management. I hope you find them helpful!