News

Snapback risks and the illusion of unlimited…

Fiscal threats in a changing global financial system

When the United Kingdom reached a debt ratio of around 100 percent of gross domestic product in the autumn of 2022 and at the same time yields on British government bonds surged within a matter…

Frank Romeike [RiskNET]
News

Protecting decisions and liability

Manager safety package for the top risks in 2026

Executives are entering 2026 in an environment where "multiple crises" and accelerated transformation are no longer exceptional – they are structural. The text argues that this persistent…

Editorial team RiskNET
News

What integrated IT and AI governance must deliver

The next incident is sure to come

Four Brandenburg municipalities – Hoppegarten, Hohen Neuendorf, Lübben and the Falkenberg-Höhe office – are currently affected by cyberattacks. Administrative processes come to a standstill,…

Editorial team RiskNET
News

Quality management without GRC becomes a liability…

The dangerous old newness of ISO 9001:2026

With the publication of ISO 9001:2026 expected in fall 2026, a revision of the world's most important quality management standard is imminent, which at first glance appears unspectacular.…

Editorial team RiskNET
Comment

ChatGPT, Claude, Gemini or Copilot?

Which LLM is Better for Risk Management?

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…

Alex Sidorenko
Science

A Comparative Analysis of Statistical Approaches…

Quantifying Uncertainty in Long-Run Default Probability Estimation

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…

Editorial team RiskNET

Andrei N. Kolmogorov 

The Axiom Behind Risk

Moscow, shortly after the Revolution. A young man, barely twenty years old, has already worked as a conductor on the railroad, is simultaneously studying mathematics, history, and metallurgy, and is…

Frank Romeike [RiskNET]
News

Early Risk Detection, Resilience, and…

From Crisis Mode to Resilience Strategy

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…

Editorial team RiskNET
Study

The Global Economy in a Phase of Multiple Crises

The World in Reverse

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…

Editorial team RiskNET
Study

Fragile Recovery in a Polarized World

Between Geopolitical Turmoil and Fiscal Transformation

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,…

Editorial team RiskNET
Study

New risk scenarios in the age of AI 

When machines learn to deceive

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…

Editorial team RiskNET

How to Navigate Chance, Ignorance, Risk and Luck

The Art of Uncertainty

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…

Editorial team RiskNET
News

Geopolitical and economic risk analysis

External shocks and internal weaknesses 

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…

Editorial team RiskNET

Frank Plumpton Ramsey

Between Wittgenstein and Probability

There are people for whom even minor episodes seem like exaggerations. For Frank Plumpton Ramsey, the story involving German philosophy is one such episode. The British linguist and writer gave the…

Frank Romeike [RiskNET]
Study

Surpassed the self-replicating red line

Risks of AI Self-Replication

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…

Editorial team RiskNET
News

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

Ronald A. Fisher

How Data Becomes Reliable Evidence

There are moments in the history of statistics that initially sound like charming trivialities but then turn out to be intellectual bombshells. One of the most famous did not take place in a lecture…

Frank Romeike [RiskNET]
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