RM News
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Italy’s Enel Energia fined record-high €79m for data breaches
Italy’s regulator has fined energy firm Enel Energia €79m for failing to protect the personal data of its electricity and…
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UK-owned ship Rubymar sinks in first major loss since Houthi Red Sea attacks
After months of avoiding a major incident since commercial ships came under attack by Houthi militants in the Red Sea,…
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MEPs pass beefed-up environmental crimes directive
Members of the European Parliament (MEPs) have adopted and extended the list of offences and sanctions in the Environmental Crimes…
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European companies lead on board-level gender diversity
Europe is leading gender diversity league tables, according to Fitch Ratings, with nine European countries achieving the highest proportion of…
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Asian countries face ‘moderate’ rise in insolvency risk
Allianz Trade expects most Asian countries to face a “moderate” increase in insolvencies this year, including China. As it released…
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Ferma says CSDDD rejection provides time to address ‘shortcomings’
The Federation of European Risk Management Associations (Ferma) has told Commercial Risk that news that the Corporate Sustainability Due Diligence…
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EU strikes deal on maritime safety
The European Council and Parliament have struck provisional deals in an effort to support clean and modern shipping in the…
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European news publishers sue Google for €2.1bn in advertising claim
Google has been issued with a €2.1bn claim by a group of more than 30 European news media outlets seeking…
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New approach to AI risk assessment needed: Airmic
As many as 50% of UK organisations have not conducted artificial intelligence (AI) risk assessments, a survey of Airmic members…
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UK firms boosting employee support to meet cost of living crisis
Almost all UK employers surveyed by Towergate Health & Protection have either increased or intend to increase support to employees…
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CSDDD ‘back to square one’ as Council blocks legislation
The EU Corporate Sustainability Due Diligence Directive (CSDDD) has failed to achieve backing from the European Council and now looks…
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Global insolvencies set to peak this year before levelling off, says Allianz
Global insolvencies continued to rebound last year and are now above pre-pandemic levels in most advanced economies, finds Allianz Trade,…
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Swiss Re calls for adaptation measures to tackle climate change
A new analysis of 36 countries and their exposure to climate change carried out by the Swiss Re Institute ranks…
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Three-quarters of third-party breaches targeted software supply chain
Software supply chains were the target for 75% of third-party ransomware attacks last year, according to a global cybersecurity study…
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Top UK firms increase women leadership roles to 35%
The UK’s largest businesses have been urged to “double-down” on redressing gender balance, with just two years remaining to increase…
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German study finds greater operational safety needed with photovoltaic systems
Leading independent German broker Funk has warned that the worrying rise in the number of cases of damage to photovoltaic…
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Cyber vulnerabilities to rise 25% in 2024, warns Coalition
The number of cyber vulnerabilities globally is predicted to jump by 25% in 2024, according to US-based cyber insurer Coalition,…
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Munich Re urges European politicians to back cyber pool
Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber…
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NGO sector records spike in health and security risks, warns International SOS
Risks faced by workers at non-governmental organisations (NGOs) in conflict zones and areas affected by natural disasters are “rapidly escalating”,…
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LockBit relaunches after crime agencies infiltrate its systems
Major ransomware gang LockBit has staged a return just a week after it was taken down by a coalition of…