None of them. And here's why that should terrify every risk professional. When you ask ChatGPT about risk matrices, it enthusiastically explains their "benefits." Claude confidently describes how…

In the context of the Internal Ratings-Based (IRB) approach used by banks to estimate credit risk, the accurate quantification of the statistical uncertainty of long-run probabilities of default…

While many companies are still struggling with the bureaucracy of ESG reporting and data protection, a far more dangerous threat is growing in the background: the failure of early risk…

The global economy is entering a phase of heightened fragility. While a complete collapse has been avoided in recent months, momentum has clearly stalled. Coface forecasts global growth of just…

As of summer 2025, the global economy is under immense strain. While many countries strive to recover from the economic and social aftermath of the COVID-19 pandemic, geopolitical conflicts,…

In early 2024, British engineering giant Arup, known globally for its involvement in the renovation of the Sydney Opera House, fell victim to a meticulously orchestrated deepfake attack. A…

In The Art of Uncertainty: How to Navigate Chance, Ignorance, Risk and Luck, Sir David Spiegelhalter presents a comprehensive, interdisciplinary analysis of dealing with uncertainty. The Emeritus…

As of spring 2025, Europe finds itself at a critical juncture, caught between internal economic fragilities and escalating global geopolitical tensions. The resurgence of US protectionism under…

The study "Frontier AI systems have surpassed the self-replicating red line" published a few weeks ago reveals alarming developments in the field of artificial intelligence (AI). The authors of…

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

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…

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…

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…

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,…

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…

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…

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…

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…