Enterprises report rise in risk events, yet risk management lags

Posted: Thu, 05/19/2022 - 4:11pm

Enterprises around the world are being barraged by risk events, according to a report released Wednesday by Forrester. The State of Risk Management 2022 report, which is based on a survey of 360 enterprise risk management decision makers in North America and Europe, found that 41% of organizations have experienced three or more critical risk events in the last 12 months.

Risk events, incidents and disruptions have become so frequent that the increased level of risk is the “new normal,” Forrester reported. Nearly half the participants in the survey (44%) confirmed that enterprise risk has increased over the last year, although that varies by region. For example, 64% of North American respondents confirmed an increase in risk, while only 37% of European respondents did.

To read this article in full, please click here