Data - Trending

Trending

The latest stories and news affecting the wider business environment as interpreted by our infographics team

Hybrid working increases data risk

Organisations struggle to comply with data rules and almost one third have seen an increase in breaches and data violations.

45% - It has increased the potential breach/attack surface

41% - Data is being shared on devices and through systems that are not sanctioned or covered within the organisation's data privacy policies

38% - It has made it more difficult for us to monitor compliance with and enforce data privacy policies

37% - It is more difficult to uphold employee training/awareness

32% - We have experienced an increase in data breaches and/or violations of data privacy regulations

Source: FTI Consulting, The most valuable, vulnerable commodity: data establishes a new era of digital insights and risk management

ERM failing on third-party risk

84% - Operations disrupted

66% - Adverse financial impact

60% - Increased regulatory scrutiny

59% - Adverse reputational impact

33% - Regulatory action taken

Source: Gartner executive risk committee research, 2023

Organisations reassess risk landscape

Natural catastrophe and climate change risks edged down by global turmoil

34% - CYBER INCIDENTS (e.g. cyber crime, malware/ransom ware causing system downtime, data breaches, fines and penalties)

34% - BUSINESS INTERRUPTION (incl. supply chain disruption)

25% - MACROECONOMIC DEVELOPMENTS (e.g. inflation, deflation, monetary policies, austerity programs)

22% - ENERGY CRISIS (e.g. supply shortage/outage, price fluctuations)

19% - CHANGES IN LEGISLATION AND REGULATION (e.g. trade wars and tariffs, economic sanctions, protectionism, Euro-zone disintegration)

19% - NATURAL CATASTROPHES (e.g. storm, flood, earthquake, wildfire, extreme weather events)

17% - CLIMATE CHANGE (e.g. physical, operational and financial risks as a result of global warming)

Source: Allianz Risk Barometer 2023

Four in ten seek new roles in 2023

And most leave because…

23% - Unhealthy culture

22% - Poor leadership

17% -Pay dissatisfaction

14% - Lack of resources (inc. staffing)

Source: New possible – what workers want 2023 survey