Companies Target Workforce Risks in 2021

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Business-risk prognosticators are focused on the future of work—and the challenges that an increasingly remote workforce could continue to pose—in 2021.

The transformation of work in the past year, due in large part to the coronavirus pandemic, has heightened dangers related to business continuity, cybersecurity, culture and talent management, organizations that monitor enterprise risks say.

In the year ahead, organizations are expected to face those and new risks related to returning to the office—ranging from employee retention, workplace safety and liability issues raised by employees, risk management organizations say.

The World Economic Forum on Tuesday warned that companies and their workforces are under pressure as a result of financial, digital and reputational threats resulting from the pandemic.

“As businesses transform their workplaces, new vulnerabilities are emerging,” Carolina Klint, a risk management leader at insurance brokerage Marsh, said in a statement accompanying the release of WEF’s Global Risks Report 2021. “Rapid digitalization is exponentially increasing cyber exposures, supply chain disruption is…

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