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CSDD Directive

New EU Directive Enforces Corporate Sustainability and Human Rights

The European Corporate Sustainable Due Diligence Directive (Directive 2024/17602) marks a significant advancement in sustainability legislation within the European Union. It mandates that…

Editorial team RiskNET
Study

Cyber Resilience and Risk Management

Rising Threats and Ransomware Concerns

The Arctic Wolf Security Report 2024 provides a comprehensive overview of the current state of cybersecurity, emphasizing the persistent threat of ransomware, the rise of business email…

Editorial team RiskNET
Study

Nonstandard Errors

Big Differences in Financial Research Results

An actual study investigates the concept of nonstandard errors (NSEs) in empirical finance, emphasizing the variability in research outcomes due to different analytical paths taken by…

Editorial team RiskNET
Study

Study on "Mental Models of the Stock Market"

Investors' Misunderstanding of Market Equilibrium

An actual study on "Mental Models of the Stock Market" investigates the mental models of investors and their impact on stock return expectations. Simply put, a mental model is a representation of…

Editorial team RiskNET
Study

Global Insurance Report

The future of the insurance industry: innovations and global challenges

According to the Allianz Global Insurance report, the global insurance industry grew by an estimated 7.5% in 2023, clocking the fastest growth since 2006, the year before the GFC. In all,…

Editorial team RiskNET
Comment

Sustainable and safe leadership

The "G" in ESGRC

The publication "The 'G' in ESGRC: Sustainable and safe leadership" discusses the concept of ESGRC, which stands for Environmental, Social, Governance, Risk, and Compliance, focusing particularly…

Redaktion RiskNET

Global Economic Overview

Soft Landing Amidst Global Challenges

As 2024 unfolds, the global economy remains caught between fragile recovery and looming uncertainties. Central banks worldwide have been maneuvering carefully, trying to achieve a "soft landing" – a…

Editorial team RiskNET
Interview

Higher resilience against unexpected market shifts

Enhancing Bank Stress Tests with AI and Advanced Analytics

In the interview with Alla Gil, co-founder and CEO of Straterix, the discussion revolves around how banks manage and analyze stress scenarios, emphasizing the traditional three-step process: risk…

Editorial team RiskNET
Study

Cyber Security Trends 2023

Encryption, data exfiltration and Distributed Denial of Service attacks

Following two years of high but stable loss activity, 2023 has seen a worrying resurgence in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial…

Editorial team RiskNET
Advertorial

Quantitative Risk Assessment

Navigating the Path to Resilient Business Strategies

In the dynamic landscape of modern business, uncertainties are like uninvited guests—always present and often challenging. To not just survive but thrive in this environment, organizations need…

GBTEC
Study

Creditreform Economic Briefs 

Polycrisis drags on growth recovery

In the following you will find the key take aways from the actual Economic Briefs, published by Creditreform:

  1. We expect the euro area GDP growth to decelerate to 0.5% this year, corresponding…
Editorial team RiskNET
Study

Third-party risk management

Geopolitical challenges and ongoing inflationary concerns

Deloitte Global's 2023 third-party risk management (TPRM) survey explores the growing complexity of TPRM as dependence on third-parties continues to grow. The report offers insights into how…

Editorial team RiskNET
Science

The importance of the right process

Improving risk workshops

Risk workshops are a collaborative and structured effort to identify and analyze potential risks that an organization may face. A risk workshop brings together stakeholders, subject-matter…

Editorial team RiskNET

GPT-4 exploited 87% of vulnerabilities

LLM and their emerging role in cybersecurity

An actual study demonstrates that large language models (LLMs), particularly GPT-4, can autonomously exploit one-day vulnerabilities in real-world systems with an 87% success rate when provided with…

Editorial team RiskNET
News

FIRM Yearbook 2023

Risk management is becoming a key competence

How do we manage risks? In a time overshadowed by crises, the question of how to properly manage risks is omnipresent. Energy crisis, danger of a blackout, inflation risks, the great concern for…

Editorial team RiskNET
Comment

Artificial Intelligence

If Chat GPT becomes superintelligent ...

As the field of artificial intelligence continues to advance, it is important to consider the potential risks and consequences of these developments. One such risk is the possibility of the…

Dimitrios Geromichalos
Study

Cybersecurity resilience emerges as top priority 

Cultivating a security culture 

Cybersecurity resilience is a top priority for companies as they look to defend against a rapidly evolving threat landscape, according to the latest edition of Cisco's annual Security Outcomes…

Editorial team RiskNET
News

Scenario planning for uncertain times

Advanced Introduction to Scenario Planning

The crisis caused by COVID-19 challenged risk managers more than ever before. After all, in such a situation, it was necessary to prove whether the risk management systems in the companies and…

Editorial team RiskNET
Study

Climate change becomes the number one risk

Future Risk Report describes an overheated world

The AXA Group, a worldwide leader in insurance and asset management, today released the ninth edition of its Future Risks Report. This global survey measures and ranks the evolution of…

Editorial team RiskNET
News

Munich Security Report 2022

Turning the Tide – Unlearning Helplessness

A mounting tide of crises that reinforce each other threatens to overwhelm our societies and political systems. The Munich Security Report 2022 explores the emergence of a sense of "collective…

Editorial team RiskNET

Defining Trends and Ways to Prepare

Risk Management Forecast for 2024

2023 undeniably etched its place in financial services history, a year marked by accelerating change and a precarious financial climate. It brought calamity in the form of largely unforeseen bank…

Stas Melnikov [SAS]
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