interconnected risks

Interconnected risks becoming systemic

Large-scale interconnected risk events are becoming systemic, according to a survey of chief audit executives. Organisations must regard crisis as the new normality and update their risk frameworks accordingly.

In fact, that traditional crisis management teams are ill-equipped Read more

Businesses need advanced risk oversight

Businesses need advanced risk oversight as executives worry that the volume and complexity of risk is growing harder to manage, according to a survey by accountancy bodies AICPA and CIMAR.

Yet only about one in three businesses has Read more

Macroeconomic risk tops worry list

Macroeconomic risk tops worry list of senior executives, according to Gartner research. While a similar survey in April saw the risk enter the risk rankings in fifth place, high inflation and prices pushed it into first place.

In Read more

Ransomware attacks increased in 2021

Ransomware attacks increased by 80 per cent over the last 12 months, according to a Sophos white paper. That means that ransomware attacks hit two out of three organisations in 2021. This demonstrates “that adversaries have become Read more

Construction sector looks set for growth

The global construction sector looks set for growth as governments focus on major infrastructure projects to boost economic activity.

“The switch to sustainable energy and the adoption of modern building methods will transform the risk landscape, with radical changes Read more

Key lessons from digital failures

Organisations need to learn key lessons from digital failures, according to a report by the National Audit Office (NAO).

The body analysed 25 years of government initiatives in digital transformation. But instead of finding gradual improvements in how Read more

Risk-averse companies lose out in 2021

Risk-averse companies lost out in 2021 compared to those who embraced risk during the pandemic, according to a survey by the consultant BDO.

In a poll of 500 c-suite executives, 53 per cent or risk-welcoming businesses said they fared Read more

Businesses suffer from poor contracting processes

More than half of the world’s major companies lose revenue and business opportunities because of poor contracting processes, EY Law and the Harvard Law School Center on the Legal Profession have said.

More than half of business development leaders Read more