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Risk Managers' Global Concerns for Cyber: Aon



Cyber ​​risk is the biggest concern for risk managers and executives globally, but climate change is not considered a top 10 risk despite its growing importance, according to the Aon 2021 Global Risk Management Survey released on Tuesday.

Cyber ​​security was ranked as a top 10 risk for each sector examined and for all job roles, including CFOs, CEOs and managers, Aon PLC said in the report. It is also expected to be a peak risk in 2024.

Climate change rose to 23rd place in the survey, up from 31st place in the 2019 survey, but executives do not believe it will be a peak threat in three years, Aon said.

“From Aon's perspective, climate change is not just an emerging risk. It is an urgent risk, "said the biennial report.

Climate change poses a" systemic threat "that will justify a fundamental change in terms of how companies think and plan for the future, said Aon.

global covid-1

9- The pandemic has had a ripple effect on other types of risks, such as increased awareness of reputation and cyber, as long-tail risks have become increasingly important to deal with, said Aon.

"Long-tail risks are not individual events. They are innately interconnected, as we have seen when the covid-19 pandemic fundamentally changes the way the world works, reveals new risks and changes priorities in the C-suite, "Lambros Lambrou, Aon's CEO of Commercial Risk Solutions, said in a statement. [19659002] "An concern about managing these immediate risks could jeopardize companies' ability to invest in tomorrow's risks," Lambrou said.

2019. Reported revenue losses from pandemic risk increased to 79 percent in 2021, up from 2 percent in 2019, said Aon.

The pandemic acted as a catalyst and magnification that accelerated changes in how companies operate, the report said.

to second place, up from fourth place in 2019, due to pandemic-induced shutdowns. Managers in Asia and the Pacific, Europe and those in the sectors of energy, public services and natural resources, hospitality, travel and leisure and life sciences ranked it as their biggest problem. place, exacerbated by the pandemic and several high-profile events, regulatory changes and severe weather, said Aon. "For many organizations, the definition of supply chain failure and business disruption has been broadened from event-based to power-based and from property to non-real estate," the report said.

The results were based on a survey of more than 2,300 managers of public and private companies in 60 countries. cross 16 industries.


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