Generative AI tools such as ChatGPT are changing how people work and are raising unforeseen business risks. The current economic climate is creating new concerns. Ransomware, deepfakes and other sophisticated cybersecurity issues are emerging and evolving at full speed.
Are organisations’ risk management strategies evolving fast enough to keep up with this new generation of risk? To find out, Riskonnect surveyed more than 300 risk and compliance professionals worldwide about new threats facing organisations and how they are revamping their risk management playbooks to navigate uncharted territory.
Riskonnect’s 2023 New generation of risk report reveals that the convergence of new risks is increasing pressure on companies to meaningfully change how they manage threats. Budgets are shifting, risk management functions are growing and strategies are changing.