61% of organizations not prepared to address critical risks
Briefly

The Global Risk Survey by AlixPartners highlights alarming trends in organizational preparedness for critical risks. With over 61% of organizations feeling unprepared for issues such as data privacy, AI threats, and geopolitical impacts, this exposes a significant vulnerability. Moreover, 60% anticipate increased financial crime in the next year. Although many invest in technology to combat these threats, effectiveness remains low, with only 44% confident in their risk detection tools. Furthermore, a high reliance on AI is seen with 93% adoption, yet a deficit in leadership and guidance persists. Expectations of corporate litigation are also on the rise for 2025.
The Global Risk Survey reveals significant unpreparedness in organizations regarding critical risks, with over 60% anticipating an increase in financial crime yet only 44% finding their technology effective.
A remarkable 93% of organizations are adopting AI, yet only half have established AI leadership or guiding policies, indicating a gap in effective implementation.
Read at Securitymagazine
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