Global Organizations: Survey Reveals Major Gaps in Security Preparedness Against Emerging Risks
Global Organizations Critically Underprepared for Modern Security Risks, Survey Finds
A new Global Risk Survey by AlixPartners reveals that 61% of organizations lack sufficient preparation to address critical information technology security risks, with heightened vulnerabilities in areas like AI threats and geopolitical impacts.
The comprehensive study highlights a concerning gap between emerging threats and organizational readiness, as businesses struggle to adapt to rapidly evolving security challenges in an increasingly complex digital landscape. Organizations must prioritize implementing comprehensive cyber risk management strategies to protect their assets.
Growing Security Challenges
The survey identified several key areas where organizations face significant preparedness gaps:
- Data privacy protection (61% unprepared)
- AI-related threats (68% unprepared)
- Geopolitical impacts (71% unprepared)
- Supply chain disruptions (70% unprepared)
Financial crime remains a pressing concern, with over 60% of respondents expecting an increase in criminal activity over the next 12 months. While 63% are investing in technology to combat these threats, only 44% report their current technology as effective at detecting and analyzing risk factors.
Regulatory Compliance and AI Implementation
Organizations show significant weakness in regulatory adaptability:
- 71% are insufficiently prepared for international regulatory changes
- 64% struggle with national regulatory compliance
- 58% face challenges with local regulatory requirements
The survey reveals a striking contrast in AI adoption, with 93% of organizations implementing AI into their operations. However, only about half have established AI leadership or implemented formal policies and guidance. Building strong digital resilience frameworks is essential for maintaining operations during disruptions.
Legal Challenges and Resource Allocation
Nearly 70% of respondents anticipate an increase in corporate litigation in 2025. Among those expecting litigation growth exceeding 10%, approximately 60% plan to increase their outside counsel budget or enhance engagement with legal service providers.
For more information on global security risks and preparedness, visit the World Economic Forum's Global Risks Report.
Practical Applications:
- Conduct comprehensive risk assessments to identify organizational vulnerabilities
- Develop robust AI governance frameworks before implementing new technologies
- Establish clear protocols for regulatory compliance across all jurisdictional levels
This report underscores the urgent need for organizations to strengthen their risk management strategies and invest in more effective security measures to address evolving threats in the modern business landscape.