The New Generation of Risk

As 2025 unfolds, organizations are grappling with an unprecedented wave of risk. The world is changing rapidly, and so too are the risks businesses must navigate. Geopolitical tensions are escalating, economic forecasts are fluctuating, and technology—especially Artificial Intelligence (AI)—is completely reshaping entire industries while amplifying threats in ways we’ve never seen before. From AI-driven cyberattacks to increasingly complex global conflicts, the stakes have never been higher.

Riskonnect’s 2024 New Generation of Risk Report reveals the latest trends in risk management, based on a survey of over 200 risk, compliance, and resilience professionals worldwide. The findings show that while organizations recognize the growing threat landscape, many are struggling to keep up.

AI is at the forefront. While it holds immense potential for business growth, it’s also fueling a new wave of cyberattacks, including ransomware, deepfakes, and fraud schemes, which are becoming more sophisticated each day. Despite this, 80% of companies remain unprepared for these risks. Without clear strategies and adequate training, organizations are leaving themselves vulnerable to some of the most significant threats in the digital age.

Equally concerning are the geopolitical risks. Tensions, particularly surrounding Taiwan, are already disrupting global markets and supply chains. Yet, more than half of organizations have yet to plan for these disruptions. In fact, many companies are still relying on outdated tools like spreadsheets to manage risk data, making it increasingly difficult to make swift, confident decisions when it matters most.

Insights from the full report include:

• AI and Cybersecurity Risks: A deep dive into the growing threats from AI-driven cyberattacks, including ransomware, phishing, and fraud schemes.
• Generative AI: The alarming gap in preparedness, with 80% of organizations lacking a plan for generative AI risks.
• Geopolitical Risks: How escalating tensions—particularly around Taiwan—are causing global disruptions that impact markets, supply chains, and regulations.
• Risk Management Tools: The continuing reliance on outdated tools like spreadsheets, and how they undermine effective decision-making.
• Actionable Strategies: Recommendations to help organizations navigate the evolving risk landscape and strengthen their risk management approach.

Organizations recognize the critical importance of effective risk management, but many are falling behind in adapting to the rapidly changing and interconnected risks they face. In a world where risks are moving faster than ever, can your organization keep up?

Get the full picture in Riskonnect’s 2024 New Generation of Risk Report and discover actionable steps to revamp your risk management strategy.