Cybersecurity and Related AI Risks Top 2024 Concerns of Risk Professionals

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Cybersecurity, AI governance, and geopolitical risks emerge as top concerns in Riskconnect’s 2024 New Generation of Risk Survey.

cybersecurity

Cybersecurity threats, AI ethics and governance and geopolitical risks have emerged as the most pressing issues keeping executives up at night, according to Riskconnect’s 2024 New Generation of Risk Survey.

While risk management is increasingly being recognized as a strategic business function, the survey suggests that approaches haven’t evolved fast enough to navigate the complex web of interconnected risks that are creating a high-stakes environment full of new challenges.

The survey, which polled over 200 risk, compliance, and resilience professionals worldwide, reveals that organizations’ top risk concerns have dramatically changed over the past year.

Cybersecurity and AI Governance Emerge as Top Risks

Cybersecurity has surpassed economic risks and talent challenges to become the number one risk driver for organizations, according to the survey. Nearly three-quarters, 72%, of respondents said cybersecurity risks are having a significant or…

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