63% of middle market leaders feel their organization is at risk of a ransomware attack in the next 12 months.
Key takeaways
Addressing digital risk requires a contextual understanding of the underlying system and subsystems.
Conducting a comprehensive risk assessment is just the beginning of digital risk transformation.
Uncertainty should not paralyze your organization.
It would be easy to assert that the last 3 1/2 years have demonstrated how uncertainties challenge businesses. When leaders cannot rely on crucial factors—such as demand, labor, costs, cybersecurity and energy—plans go awry, progress slows and microeconomic disruptions can combine to have macro effects.
The truth, though, is we understood this before the pandemic and its seismic economic fallout. Unpredictable disruptions of all types—technology, regulation, policy, war, disease, weather, bad actors, etc.—have always tested businesses’ resilience and agility. The difference now is that businesses have more effective resources and tools to insulate against uncertainties and minimize risks.
In "Progressing through uncertainty: How boards can help their organizations stay the course," RSM professionals provide valuable tips and tools for navigating the risk landscape.
To learn more about how you as a board member can continue to progress through uncertainty, please check out our other resources and insights below.
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