Digital Risk is Enterprise Risk: The Case for AI and Digital Committees

by Alexander Larsen, CFIRM, Deputy Chair of the IRM Energy and Renewables Committee and IRM Saudi Arabia Committee member

Artificial Intelligence (AI), digital transformation, automation and cloud computing (and other technologies) have quickly become fundamental to modern business strategy. Read more

CRO Diary: The Technologist

An IRM study found that in H1 2025, 47% of organizations cited growth in digital risk management capabilities and 53% said AI and automation risk were the “fastest-growing concern”. This means that today’s Chief Risk Officers (CROs) require a Read more

Businesses report mixed experiences in implementing AI

Almost three-quarters (74 per cent) of businesses that have implemented generative AI (Gen AI) projects reported that they had seen return on investment (RIO) on at least one of those, according to a report by Google Cloud. Just Read more

Enterprise Risk Magazine – Autumn 2024 Edition

The ‘Autumn 2024’ edition of the Enterprise Risk magazine is available to read here.

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Employers need to do more to boost IT skills

UK businesses looking to attract staff to tackle sills shortages in artificial intelligence and cybersecurity are likely to have to increase budgets, re-jig work-life balance offerings and upskill staff. 

Almost half (47 per cent) of technology professionals responding to Read more

Digital risk management maturity increases

Organisations said that while sophisticated digital strategies were a must for combating digital threats, 65 per cent reported being in advanced stages of digital risk management maturity, according to a survey by Audit Board. That included actively mitigating Read more

Earlier adopters of gen AI balance gains with risk

Businesses that have invested heavily in generative artificial intelligence (gen AI) are seeing direct results on their profitability, according to research by the consultancy Mckinsey.

While those organisations represented only a small sample of the overall group in Read more

Enterprise Risk Magazine – Summer 2024 Edition

The ‘Summer 2024’ edition of the Enterprise Risk magazine is available to read here.

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