HR Magazine – Geopolitical risk named fastest growing danger to businesses

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Geopolitical threats now represent the fastest-growing risk to the security and resilience of businesses, according to a report from corporate security consultancy The Clarity Factory.

Rachel Briggs, CEO of The Clarity Factory, said businesses are dealing with multiple geopolitical crises this year.

She said: “Companies are grappling with heightened tensions in the Middle East, the Russian invasion of Ukraine, China’s influence in its near neighbourhood as well as Africa and the Middle East.  

“With the highest levels of political risk and unrest for five years, business leaders face effects on everything from supply chains and operational resilience to personnel security and new market entry.”

Business leaders ranked cybersecurity (53%) as the top threat, followed by geopolitical risk (51%) and insider risk (40%).

This comes as AI scams are an increasing threat to cybersecurity. An estimated one in 12 Brits have fallen victim to AI scams, with 77% of victims losing money as a result, according to research from cybersecurity firm McAfee.


Read more: Improvise, adapt, overcome: HR in the Ukrainian war


The study found 88% think geopolitical…

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