April 5th, 2018

Organizations Have Made Some Revisions in Risk Mitigation Approaches in Response to New Technologies

Posted at 1:00 AM ET

While treasury and finance professionals are managing risks associated with technology enhancements at their companies, 28 percent report that their organizations have not taken steps to revise their approach to risk mitigation in response to increased risks. Fifteen percent of respondents confirm their companies have revised their risk mitigation approaches significantly to combat these new or increased risks. The remaining 57 percent of companies have made some revisions to their risk mitigation strategies.

This finding from the 2018 Association for Financial Professionals (AFP) Risk Survey highlights the challenges facing finance and treasury professionals as they help their organizations navigate the deep disruption occurring across all economic sectors. The 2018 AFP Risk Survey, presented in partnership with Marsh & McLennan Companies’ Global Risk Center, captures the views of senior finance and treasury professionals on the greatest threats to their function and organizations over the next 18-36 months.

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