Ion cyber outage continues as banks rely on workarounds risk.net/7955967 Hackers say ransom paid (Ion declines to comment): x.com/Reuters/status…

.Bloomberg has entered the chat (but #BloombergGPT is not a chatbot). @a_malakian reports. hubs.li/Q01JNZ6Z0

Our annual Quant Finance Master's Guide is now live: hubs.li/Q01QQ8Zk0

FCA hoping to launch digital sandbox specifically for the use of AI in market surveillance later this year. hubs.li/Q01SHc-f0

Risk Live: Will record rate hikes will successfully tame inflation, or is stagflation looming? hubs.li/Q01SN8Kt0

View all of Risk’s Op Risk Benchmarking articles in one place hubs.li/Q01ZzZDv0

“You need to have better GRC to work… I think the world is evolving, and we need to keep up” – European bank’s senior risk and cyber manager hubs.li/Q024t-5B0

The EquiLend cyber hack has resulted in widespread trade reporting fails,Luke Clancy reports risk.net/7958953

This person once had the nuclear codes. x.com/BGrueskin/stat…

Yesterday: Draghi – ‘EU focussing on the wrong things.’ Today: EU court rules drug kingpin Pablo Escobar cannot be trademarked ft.com/content/d9cc0f… via @ft

On market risk capital, banks face a choice between a “stone age” standardised approach or an internal model approach that forces them to “become Harry Potter because you have to learn wizardry,” warns BNPP’s Jacques Vigner ⚡🧙risk.net/7959282 via Helen Bartholomew

Whoah, Gussy 😎🏏#EngvWI

We expect lots today from the #KingsSpeech - I fervently hope it's bold enough. Bold enough on health and care, on the cost of living crisis, on the climate crisis and on growth. Rejoining the single market and customs union would massively help them all. independent.co.uk/news/uk/politi…

Thames Water: a handy guide for worried counterparties risk.net/7959861 via Lukas Becker

Could Trump presidency herald $27bn margin call on World Bank? risk.net/7959969 via Luke Clancy

Barclays and HSBC keep faith with market risk modelling for FRTB IMA risk.net/7960256 - great scoop from Sam Wilkes 🗞️

CCPs’ skin in the game drops below 2% to historic low risk.net/7960244

“I’ve heard people say cyber attacks are mostly random. I think we already have results showing that is not the case” – Jeff Gerlach, Richmond Fed. hubs.li/Q02YHk__0