COVID-19 revealed how quickly the traditional way of managing risk and compliance fails when tested by fast-moving, interconnected threats. (Photo: Bigstock)
Every day brings new evidence that the world of risk is changing and changing fast. New risks seem to lurk around every corner — and virtually every risk is gaining in velocity and ferocity, with no relief in sight.
Traditional risk management techniques view risks one by one, department by department, which worked just fine at one time. But the world has changed.
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