looks at how companies can best respond to these new risk management realities in a comprehensive manner.
The risk landscape is changing. Many industrial sectors are undergoing a fundamental transformation. New technologies, digitalization and the “Internet of Things” – a web of connected devices, machines, people and organizations that can interact with one another – are all altering customer behavior, industrial operations and business models. While undoubtedly bringing a wealth of opportunities, such innovations also pose a number of risks, such as cyber security, supply chain vulnerability and the potential for increased litigation.