The New generation of risk report : addressing the new realities and risks in 2023 and beyond

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<title>New generation of risk report</title>
<subTitle>: addressing the new realities and risks in 2023 and beyond</subTitle>
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<dateIssued>2024</dateIssued>
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<abstract displayLabel="Summary">Generative AI tools like ChatGPT are changing how people work and raising unforeseen business risks. The current economic climate is creating new concerns. Ransomware, deepfakes, and other sophisticated cybersecurity issues are emerging and evolving at full speed.
Are organizations' risk management strategies evolving fast enough to keep up with this new generation of risk?
To find out, Riskonnect surveyed more than 300 risk and compliance professionals worldwide about the new threats facing organizations today and how they are revamping their risk management playbooks to navigate uncharted territory.
Riskonnect's 2023 New Generation of Risk Survey revealed that this convergence of new risks is increasing the pressure on companies to meaningfully change how they manage threats. Budgets are shifting. Risk management functions are growing. And strategies are changing</abstract>
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