Strategic Focus: Top 5 Risk Megatrends For 2024

Katelyn Johnson

Katelyn Johnson

Daniel Garcia

Daniel Garcia

04 Dec, 2023

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Executive Summary

For firms across all industries, 2023 has been a challenging year – and it appears that 2024 will be even more difficult. Managing risks has become an enormous task for executives and senior leadership, given the speed of market change, the complexity of emerging events and the increasing materiality of their impacts. Throughout 2024, risk executives will confront a diverse and complex barrage of events, testing the strength of their operational resilience programmes, as they attempt to preserve business integrity. In this report, Verdantix outlines the top five risk megatrends for 2024. We explore the potential implications for firms tackling these challenges and consider how technology can support senior leadership in surfing the upcoming waves of disruption.
Top five risk megatrends for 2024
Unveiling the likely disruptive forces of 2024
What are the operational implications for firms?
Technology: the enabler for the risk practice of the future
Figure 1. Top risks in 2023 
Figure 2. Software and technology risk ecosystem
Figure 3. Spend on risk management technology

About the Authors

Katelyn Johnson

Katelyn Johnson

Senior Manager

Katelyn is a Senior Manager at Verdantix, specializing in enterprise risk management and external risk and resilience. She helps executives navigate today’s evolving ris...

Daniel Garcia

Daniel Garcia

Senior Manager

Daniel is a risk and compliance subject-matter expert (SME), with over 16 years of global experience, having worked for major financial institutions and consulting firms in La...

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