Tuesday, June 15, 2021

3 Pandemic-Related Threats Dominate Risk, Risk Managers Say

Business risk directly related to the Covid-19 pandemic dominates concerns, a survey of 3,000 risk management experts finds. 


Surveyed for the Allianz Risk Barometer, the top three dangers were lead by business Interruption, followed by the pandemic itself, while cybercrime--caused by exposure to digital intrusions and the shift to digital commerce because of the pandemic--ranked third out of 10 issues. 


Some 94 percent of surveyed companies reported a COVID-19 related supply chain disruption in 2020.


source: Visual Capitalist 


What might be striking is the much-lower scores for threats such as “market developments” (debt, gross domestic product health) or regulatory and legal changes, which might, under other circumstances, be perceived as bigger risks.


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