The Enterprise Risk Management (ERM) Initiative and Protiviti’s 2023 Executive Perspectives on Top Risks report concluded that the magnitude of risks is the highest in 11 years.
“I think it’s the reality that more executives are realizing that the level of uncertainty is significant, and it’s rapidly changing,” said Mark Beasley, the director of the ERM Initiative. “People are just realizing and accepting the reality that there’s a lot of complex uncertainty out there that then presents risk. And those can happen pretty fast.”
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