More Risks, On More Fronts: Credit Risk, ESG and Cybersecurity Top Risk Concerns for Financial Institutions Over Next Two Years--Deloitte Survey
Share this article NEW YORK, Feb. 1, 2021 /PRNewswire/ -- With economies contracting and unemployment rising, credit risk has moved to the top of the risk management agenda, according to Deloitte's biennial survey on the state of risk management in the financial services industry globally. Twenty percent of the chief risk officers at financial institutions surveyed identified it as the No. 1 risk they see increasing in importance for their business over the next two years, a plurality among 16 different risk categories. That is a sharp increase from 3% in 2018. In addition, 62% of those s...