While the global business environment in 2015 is perceived to be somewhat less risky for organizations than it was in the last two years, business leaders are still more likely to invest in additional risk management resources this year, according to Protiviti and North Carolina State University’s ERM Initiative’s report Executive Perspectives on Top Risks for 2015. The report identified different perceptions between boards of directors and members of the executive team regarding current risks – CEOs and boards of directors find themselves more optimistic about risk issues, while CFOs and chief audit executives perceived a more risky business environment.
One of the top risks still on the C-Suite’s radar is cyber – more than half of the global survey respondents indicated that insufficient preparation to manage cyber threats is a risk that will “significantly impact” their organizations this year.