Gartner defines “digital risk” as the set of risks inherent in digital products, services, and supporting processes. The 2022 World Economic Forum Global Risks Report estimates digital commerce will be worth $800 billion by 2024, while a recent Gartner survey reveals that digital risk is the number one strategic business priority for corporate directors in 2022 and 2023.
Yet, while over 90% of risk leaders have digital risk on their radar, only 30% of organizations are mature enough to actively mitigate those risks, according to AuditBoard’s Digital Risk Maturity survey.
We asked over 125 risk leaders how their organizations undertake risk management in this area. In our new research report, we examine the state of digital risk maturity in organizations across industries, while investigating why digital transformation itself is the key to effective integrated risk management.
Download the full report for key takeaways and findings, including:
- Trends in digital risk maturity, metrics reporting, and how digital risk is owned across organizations.
- Areas of digital risk management that can benefit from technology investments and automation.
- The importance of an integrated approach to digital risk management as opposed to a siloed approach.