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The 2024 State of Risk Report: Avoiding Complacency in an Era of Novel Risks

May 14, 2024

This year’s report delves into the challenges posed by novel risks, such as the rapid adoption of AI technology, and the transformation of familiar risks, like climate change and geopolitical instability. It provides valuable insights into how organizations are adapting to these challenges and offers actionable recommendations for enhancing risk management strategies.

Key highlights of the 2024 State of Risk Report include:
  • Exploration of the disconnect between organizations’ perceived preparedness and the actions being taken to mitigate risks
  • Examination of the current state of AI adoption along with the potential benefits and pitfalls associated with this transformative technology
  • Identification of the skills and technology needed for risk professionals to thrive in today’s dynamic risk environment
  • Practical guidance on advancing towards integrated risk management (IRM) and leveraging data-driven insights for informed decision-making

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RIMS, the  risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedInTwitter, and Facebook. To learn more, visit www.RIMS.org.

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