The Globe and Mail reports in its Friday, Oct. 27, edition that being a chief risk officer is often a thankless profession. The Globe's Rita Trichur writes that when they head off danger, they get none of the glory. However, when disaster strikes, CROs get all the blame. CROs are finding themselves in the hot seat because financial regulators are paying closer attention to non-financial risks including artificial intelligence, climate change, crypto and foreign interference. Last month in the United States, the Federal Bureau of Investigation, the National Security Agency and the Cybersecurity and Infrastructure Security Agency issued a joint warning about deep-fake threats, including AI-generated voices that are being used by fraudsters to bypass the voice recognition security features used by banks and other companies. This slew of non-financial risks is contributing to increased workloads for CROs, according to a 2023 Thomson Reuters Regulatory Intelligence report. That increased pressure, however, is not necessarily translating into bigger budgets. "Low staff morale is emerging as a conduct risk for many firms, which may lead to more widespread non-compliance due to staff error or manipulation," the report said.