The 11 Top Threats That Organizations Face TodayBy Dennis McCafferty | Posted 05-27-2016
The 11 Top Threats That Organizations Face Today
From network breaches to unfavorable customer reviews on social media, a company’s reputation can suffer from a number of sources in today’s challenging business landscape.
47% indicate that risk management is essential for adding value to the overall business.
3 Ways to Measure ROI of Risk-Management Programs
Review past results and risk events to assess effectiveness of risk-management response: 30%, Measure impacted capital costs, insurance costs, etc.: 20%, Stress test core business processes against specific scenarios: 17%
28% say their organizations do not measure the ROI of a risk-management program.
Top Threats for Companies: Compliance
46% cite regulatory risk as one of the top three threats for their industry.
Top Threats for Companies: Word of Mouth
41% say that gaining a bad reputation is a top threat.
Top Threats for Companies: Finances
34% are concerned about issues related to their organization's fiscal credit and liquidity.
Top Threats for Companies: Global Instability
32% cite geopolitical events as a risk factor.
Top Threats for Companies: Distribution
28% view supply-chain issues as a top threat.
Top Threats for Companies: Fraud
17% are concerned about information protection, security and fraud.
Top Threats for Companies: Performance
17% view disruptive technology risks as a major potential issue.
Top Threats for Companies: Quality
13% are concerned about data governance and quality.
Top Threats for Companies: Civil Action
12% say that legal risk is a top threat.
Top Threats for Companies: Unstable Foundation
11% perceive the state of their IT infrastructure as a potential pain point.