Top 5 Enterprise Risk Areas

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Bangalore: With increasingly complicated corporate regulations popping up around the globe, and stories of governments and enterprises being constantly targeted by overlapping surges of cyber attacks organizations need to make sure that they have the biggest risks on their radar. Enterprises also should ensure that their CIOs and CFOs start prioritizing these issues immediately.

Here are top 5 enterprise risk areas which the oraganisations need to address immediately.

#1 Economic Uncertainty

Amid global economic crisis and currency fluctuations, economic uncertainity continues to be one of the biggest risks for enterprises. According to PwC’s 2012 State of the internal audit profession study, nearly three-quarters of the 1,530 chief audit executives and stakeholders surveyed cited global economic uncertainty as the biggest risk to companies in 2012.

To deal with this risk factor of financial crisis the CFOs should co-ordinate with senior managers and other board members to define exactly what risks financial exchange losses present to their organizations, set a limit for how much risk they are willing to take and finally, determine what needs to done reports Proformative.

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