Latest SEC Reports Reveal Devastating Digital Risks

In an era of unpredictability and the intertwining of global digital risks, the recent cyberattacks on Clorox and Johnson Controls serve as a stark wake-up call for businesses worldwide. Currently estimated at a combined cost of $76 million, these incidents underscore the critical need for a more sophisticated, proactive approach to risk management. The just published Accenture Risk Study: 2024 Edition echoes this sentiment, revealing a concerning trend: 72% of businesses admit their risk management capabilities are lagging behind the evolving nature of threats, particularly in cybercrime.