Business disruption comes in many forms. Lately, we have seen it in the form of increased global protectionism. Whether favorable or unfavorable, disruptions inevitably lead to changes in the way organizations must conduct business to succeed and be profitable.
Perhaps more important, disruption has a huge impact on an organization's risk profile. Anytime there is significant change in an organization, inefficiency and financial crime may have an opportunity to get a toehold in the business's operations.
The complexity of global commerce makes many supply chains especially vulnerable to fraud, waste, and abuse as a result of disruption. A challenge for risk and finance teams lies in understanding how disruptive forces can create a breeding ground for such issues and what they can proactively do to protect their business.
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