While risk management is a "significant" commitment for organizations, 76 percent of enterprises lack a holistic strategy, and more than 70 percent are in the dark about critical assets and vulnerabilities, according to a new survey.

"The Imperative to Raise Enterprise Risk Intelligence" study examines state of risk in enterprise environments and organizations' overall approach to risk management. Among the most significant findings was three-quarters of organizations lack a comprehensive risk management strategy. The biggest fears for organizations were long-term damage to brand and reputation (63 percent), followed by security breaches (51 percent), business disruption (51 percent) and intellectual property loss (37 percent).