Risk Briefing – Beyond Higher Education
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The Chartered Institute of Internal Auditors has surveyed company executives with responsibility for risk across Europe (France, Germany, Italy, the Netherlands, Spain, Sweden, the UK and Ireland) to assess where they expect risk efforts to focus in the forthcoming year and further into the future. This survey included a wide range of sectors beyond education and provides a tool for internal audit and audit committees to horizon scan. It follows a similar exercise undertaken last year.
Cyber security continues to be the single biggest risk. New risks to emerge and / or with increasing emphasis over the last year, include those relating to inequality in the workplace and all types of discrimination. Similarly, there is more focus on social media – but recognising that there are significant opportunities as well as risks to manage. Inevitably, Brexit and global / international relations flow through a number of the areas – whether in relation to suppliers, trade restrictions or political uncertainty.