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Click here to access subscription content at The RTJ Bridge - The Premium Version of The RiskTech Journal 〰️

The RiskTech Journal

The RiskTech Journal is your premier source for insights on cutting-edge risk management technologies. We deliver expert analysis, industry trends, and practical solutions to help professionals stay ahead in an ever-changing risk landscape. Join us to explore the innovations shaping the future of risk management.

What Happens When Risk Protocols Fail - Lessons from the Signal App Incident
BBC, Secure Communications, Cybersecurity Ori Wellington BBC, Secure Communications, Cybersecurity Ori Wellington

What Happens When Risk Protocols Fail - Lessons from the Signal App Incident

When BBC News investigated a recent national security communications breach, they reached out to Wheelhouse Advisors for expert analysis. The incident highlighted a growing risk not just for governments—but for every organization managing sensitive information in a digital world.

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Citi's $81 Trillion Error Highlights Urgent Need for Stronger Integrated Risk Management

Citi's $81 Trillion Error Highlights Urgent Need for Stronger Integrated Risk Management

The startling news that Citigroup mistakenly credited a client’s account with $81 trillion instead of a mere $280 underscores a critical weakness pervasive in today’s financial institutions: insufficiently robust integrated risk management (IRM) systems. This incident, termed a “near miss” by Citi, reveals deep-seated operational vulnerabilities that continue to plague banks, despite considerable investment and regulatory scrutiny.

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