Emerging risks may be difficult to identify. Hence, comprehensive risk management options to assess, quantify, monitor and develop response plans are challenging for organizations to design and implement. As organizations continue to evolve risk governance practices, relevant information about emerging risks is at a premium.
In this issue of the PreView, we take a second look at topics we discussed previously, to help organizations understand how these issues have progressed and anticipate their potential ramifications. We revisit the ongoing troubles caused by municipal financial instability, the possibilities created by the unstoppable growth of Big Data, the opportunities that mobile banking offers, and the risks associated with social media lending.