Strategic Focus: Top 5 Risk Megatrends For 2024
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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.
Table of contentsTop 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
Table of figuresFigure 1. Top risks in 2023
Figure 2. Software and technology risk ecosystem
Figure 3. Spend on risk management technology