A recent survey reveals Chief Risk Officers (CROs) are facing five pressures — de-risking, growth and strategy, regulatory compliance, effectiveness & efficiency and cost-takeout — that require the acceleration in the transformation of the risk function to adapt to change. According to the new 2023 KPMG Chief Risk Officer survey, CROs report the greatest challenges in risk management also rank within the top areas they feel least prepared to address.

Source: Security Magazine