IRMSA Risk Report – South Africa Risks 2017
The third edition of the IRMSA South Africa Risks Report is presented at a time of profound change. The populist anti-globalization wave that produced majority votes for Donald Trump in the United States and for Brexit in the United Kingdom is the consequence of the “anti-establishment” flag that has been raising its head around the world. This flag has been discussed by Clem Sunter and Dr Chantell Ilbury at the IRMSA Risk Report launches over the past two years and represents the growing lack of faith in professional politicians in America, Britain, Europe, Australia and many other countries. Trends and events of this nature remind us that South Africa and organisations operating within its borders are exposed to a myriad of external threats and opportunities, beyond those that are solely internally driven. South Africa’s risk landscape has been equally, or perhaps even more, volatile than the global environment during 2016.
Risk Management in a Technology-Driven World – 2024 Survey
Over the course of two weeks from March 20 to April 2, 2024, we surveyed approximately 200 professionals
working in third party risk management, procurement, vendor management, and similar roles in the United States, Canada, United Kingdom, France, Germany, and Ireland.
State of Risk Oversight: Enterprise Risk Management Practices – 2023
In light of evolving challenges linked to ongoing geopolitical turmoil, social change, economic volatility, disruptive technologies, environmental expectations, and a host of other uncertainties, innovative and forward-looking business leaders are strengthening how they proactively manage potentially emerging risks that can quickly derail their organization’s strategic objectives and goals. Failure to anticipate changing
uncertainties can quickly trigger a flow of risks that significantly impact business models and strategic plans.
State of Risk Oversight – Enterprise Risk Management Practices – 2024
Organizations operate in a global environment where myriad uncertainties can arise and trigger risks impacting an
organization’s strategic success. Organizations with a robust, enterprise-wide and strategically focused approach to managing risks increase the odds that these risks can be managed proactively so that key strategic initiatives stay on track.
State of the Phish – An In-Depth Look at User Awareness, Vulnerability and Resilience – 2021
There’s no question that organisations (and individuals) faced many challenges in 2020, both new and familiar. Information security teams felt the strain, too. On top of “ordinary” cybersecurity issues, professionals in these roles dealt with an explosion of pandemic themed phishing scams and a continued surge in ransomware attacks - all while attempting to transition many users to work-from-home environments, effectively overnight.
Allianz Risk Barometer – 2025
The 14th Allianz Risk Barometer incorporates the views of 3,778 respondents from 106 countries and territories. The annual corporate risk survey was conducted among Allianz customers (businesses around the globe), brokers and industry trade organizations. It also surveyed risk consultants, underwriters, senior managers, claims experts, as well as other risk management professionals in the corporate insurance segment of Allianz Commercial and other Allianz entities.
Global Cybersecurity Outlook – 2025
This year’s report shines a light on
the increasing complexity of the cyber landscape, which has profound and far-reaching implications for organizations and nations. This complexity is driven by a series of compounding factors:
– Escalating geopolitical tensions are contributing to a more uncertain environment.
– Increased integration of and dependence on more complex supply chains is leading to a more opaque and unpredictable risk landscape.
Etc.
Risk Trends 2025 – IRM
Driven by the explosion of technological advancements and increasing global uncertainties, we need to look at what the key shifts in risk are and how practitioners should prepare themselves, and their organisations, for the future. The ability to anticipate and respond to these fast moving developments will be crucial for risk practitioners in 2025.
IRMSA Risk Report – South Africa Risks 2015
The first annual Institute of Risk Management South Africa’s (IRMSA) South Africa Risks Report 2015 has been compiled within a specific context – that of a country still reeling from political and economic turmoil.
The Association of Mineworkers and Construction Union (AMCU) on 29 July 2014 announced the end of a 5-month platinum sector strike by 80,000 workers which resulted in a fall of nearly 25% in mining production. South Africa’s credit rating was downgraded by Standard & Poor’s (S&P) and Moody’s. The country’s outlook was shifted from stable to negative by Fitch Ratings, meaning that the country is a single notch away from junk status. The South African government continued to experience difficulties to meet the expectations of the population in terms of the fight against unemployment, poverty and corruption, potentially giving rise to increased social instability. The International Monetary Fund (IMF) slashed its economic growth forecast for South Africa by 0,3 percentage points to only 1,4% for 2014 and by 0,4 percentage points to 2,3% for 2015, suggesting that the sustainability of the country’s economy is under severe pressure.
IRMSA Risk Report – South Africa Risks 2016
The second edition of the IRMSA South Africa Risks Report is presented during a volatile period in the country’s development, highlighted by Fitch, Standard & Poor’s and Moody’s all lowering their outlook on South Africa’s credit rating to essentially one notch above junk status in December 2015, the rand trading at its worst-ever levels against the pound and the dollar in nominal terms in the same month, Pravin Gordhan being named the third finance minister in less than a week, and widespread public protests. These and other events are occurring as South Africa grapples with the worst drought to hit the country in decades.