Results from the World Economic Forum’s 2019 Executive Opinion Survey indicate that for business executives in both Canada and the United States, “cyberattacks” are once again – by a large margin – the number one risk to doing business. This is a top risk in Europe and East Asia and the Pacific as well, where it now ranks first and second, respectively. The persistence of this ... Continue Reading »
Global Risks Report
Cyberattacks Are Top Concerns Among Business Leaders in the Largest EU Economies
Results from the World Economic Forum’s 2019 Executive Opinion Survey indicate that concerns about “cyberattacks” are top among business leaders in the four largest European Union (EU) economies: Germany, France, Italy and the United Kingdom; and rank first in another six countries across the continent. In late 2018 and throughout 2019, European countries have experienced ... Continue Reading »
Environmental Risks Are the Leading Concerns for Doing Business Across East Asia and the Pacific
Results from the World Economic Forum’s 2019 Executive Opinion Survey indicate that environmental risks are the leading concerns for doing business across East Asia and the Pacific, with “natural catastrophes” ranking first and “extreme weather events” ranking fifth. The concerns about “natural catastrophes” were heavily driven by responses from Japan and New Zealand, where ... Continue Reading »
Regional Risks for Doing Business
With heightened economic uncertainty and increasingly decentralized threats, regional understanding of risks – and the opportunity for cooperation – is critical. Results from the World Economic Forum’s 2019 Executive Opinion Survey suggest that the threat of a major economic slowdown is high on the minds of business leaders worldwide, with growing apprehension about a wide ... Continue Reading »
Economic and Governance Risks to the MENA Region
Exogenous factors, such as geo-economic division, climate change and technological threats all pose a particular risk to MENA, but so, too, do hazards that are more regional in nature. According to respondents in the Middle East and North Africa to the World Economic Forum’s Executive Opinion Survey, the top two risks across the region for doing business are “energy price ... Continue Reading »
Global Technological Threats
Technology plays a profound role in shaping the global risks landscape in the near and longer term. Concerns about data fraud and cyberattacks were prominent again in the World Economic Forum's Global Risks Perception Survey, with 82 percent of respondents expecting cyberattacks in the form of theft of data or money and 80 percent expecting it in the form of disruptions of ... Continue Reading »
The Middle East and North Africa Risks Landscape
The results of climate inaction are becoming increasingly clear. The year 2018 was the fourth warmest on record (1). In the MENA region, Algeria had the hottest temperature - 51.3ºC - ever reliably recorded across the whole of Africa, and Oman recorded a minimum temperature of 42.6ºC (2). Rising temperatures led the United Nations to warn that melting ice sheets were causing ... Continue Reading »
Europe Experienced Increased Cyberattacks in the First Half of 2018
Estimates suggest that the number of cyberattacks across Europe increased by around a third in the first quarter of 2018, compared to the same period last year, according to the recent World Economic Forum (WEF) report Regional Risks for Doing Business 2018. ... Continue Reading »
Cyberattacks Emerge as Leading Risk in East Asia and the Pacific
Cyberattacks are the leading risk to doing business across East Asia and the Pacific, according to the recent World Economic Forum (WEF) report Regional Risks for Doing Business 2018. The WEF study surveyed about 12,500 executives across 140 countries on the five biggest risks to doing business in their respective countries over the next 10 years. In Asia Pacific, cyberattacks ... Continue Reading »
Cyberattacks Top the List of Risks in North America
For business executives in the United States and Canada, cyberattacks are now the number one risk to doing business, according to the recent World Economic Forum (WEF) report Regional Risks for Doing Business 2018. Jeremy S. Platt, Managing Director and Cyber Solutions Specialty Practice Leader at Guy Carpenter, says: “2017 was an important year in cybersecurity because ... Continue Reading »
