Global risk landscape 2019 : a culture of complacency

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<title>Global risk landscape 2019</title>
<subTitle>: a culture of complacency</subTitle>
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<dateIssued>2019</dateIssued>
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<abstract>Previous Global Risk Landscape reports have explored how risk has moved far beyond traditional concerns like fire and flood, encompassing more fluid concepts such as reputation and data protection. Faced with such a diverse range of intangible risks, how can organisations prevent themselves falling victim to hype cycles triggered into action as a result of outside influences? The 2019 Global Risk Landscape report found that almost three quarters  74 per cent  of respondents believed that so-called grey rhino events (highly obvious risks) are being ignored in favour of black swans (events that deviate from what is normally expected). Julia Graham, technical director at risk management association Airmic, says grey rhinos are sometimes neglected because people don't have the confidence to tackle them  but then the risk is likely to charge and trample them.</abstract>
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