Six Risks to Watch in the Next Decade
Cyber risk is a top concern among North America businesses now, and is expected to remain so in the coming years as ransomware attacks continue to grow.
Supply chain and vendor risk
Companies (and consumers) continue to face persistent supply shortages, delays, and rising commodity costs.
While the crisis has affected aspects of many global organizations, its impact on employees may have the most lasting effects in the next decade.
A warming planet brings a wide range of exposures — from operational risks to regulatory uncertainty and increasing uncertainty in the risk transfer markets — and will likely have a dramatic effect on consumer preferences.
Intellectual property risk
It is becoming urgent for companies to protect their intellectual property (IP) — patents, copyrights, trademarks and trade secrets that collectively make up an immense and growing asset class.
The pervasiveness of social media, a 24/7 news cycle and a near-constant stream of high-profile incidents have only reinforced the importance — and potential damage — of reputational risk in the decade to come.