GRC Report Staff

Trump Tosses Biden’s Executive Order on AI Risk

In a decision that demonstrates the deepening philosophical divide over regulation and the future of artificial intelligence (AI), President Donald Trump has overturned a key executive order issued by former President Joe Biden. The order, signed in 2023, sought to address AI risks head-on by mandating safety tests for high-risk AI systems before they hit the market.

ENISA's Prescription for a Healthier Cybersecurity Future

In a move as timely as a life-saving intervention, the European Union Agency for Cybersecurity, ENISA, has set its sights on strengthening the digital defenses of Europe's healthcare systems. With hospitals and healthcare providers increasingly targeted by cyberattacks, the European Commission's proposed Action Plan for Healthcare Cybersecurity couldn’t be more urgent. ENISA has pledged to collaborate with Member States, healthcare providers, and the wider cybersecurity community to address this pressing challenge.

Germany Advocates for CSRD Reporting Delays & Simplifications Ahead of Federal Elections

Germany has thrown its hat into the sustainability ring—though not quite in the way Brussels might have hoped. Just weeks before a pivotal federal election, and amid the collapse of its coalition government, Berlin is calling for a major rethink of the EU’s Corporate Sustainability Reporting Directive (CSRD). The proposals aim to give smaller companies a two-year reprieve from sustainability reporting requirements and eliminate sector-specific obligations entirely.

Walgreens Faces DOJ Lawsuit Over Alleged Role in Opioid Crisis

The opioid crisis has left scars on communities across America, claiming hundreds of thousands of lives over the past two decades. While pharmaceutical manufacturers and rogue prescribers often dominate the headlines, pharmacy chains have increasingly found themselves in the DOJ’s crosshairs for their alleged role in this public health disaster. Now, Walgreens Boots Alliance, one of the nation’s largest pharmacy chains, faces a civil lawsuit from the Justice Department for allegedly fueling the epidemic by dispensing millions of unlawful prescriptions.

EBA Kicks Off 2025 EU-Wide Stress Test Amid Rising Geopolitical & Economic Risks

Every few years, the European Banking Authority (EBA) holds up a mirror to the banking sector, asking a straightforward yet critical question: “What if?” The 2025 EU-wide stress test is no different—but this time, the stakes feel particularly high.

DOJ & EPA Announce $9.5M Settlement with Stericycle for Hazardous Waste Violations

When it comes to managing hazardous waste, there's no room for error. After all, we're talking about materials that can seriously harm both people and the planet if not handled properly. But for years, Stericycle, a major player in waste management, was repeatedly caught in a web of regulatory missteps. Now, after a lengthy investigation, the Department of Justice (DOJ) and Environmental Protection Agency (EPA) have stepped in, announcing a $9.5 million settlement to hold the company accountable for its violations of the Resource Conservation and Recovery Act (RCRA).

CFPB Orders Honda to Pay $12.8 Million for Credit Reporting Blunders

It was a mistake that left a lot of people scratching their heads. Around 300,000 Honda and Acura drivers found themselves wrongly flagged as delinquent on their credit reports, despite having done nothing wrong. The culprit was a misstep by the American Honda Finance Corporation (Honda Finance), which has now been hit with a hefty $12.8 million penalty by the Consumer Financial Protection Bureau (CFPB).