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Enterprises today face a myriad of risks that can impact their operations, finances, and reputation. Inter Enterprise Risk Management (IERM) is a crucial process that helps organizations identify, assess, and mitigate these risks effectively. By achieving excellence in IERM, businesses can safeguard their interests and ensure long-term success.
| Statistic | Value |
|---|---|
| Total number of reported data breaches in 2020 | 1,001 |
| Percentage of organizations that have experienced a cyber attack in the last 12 months | 43% |
| Estimated global cost of cybercrime in 2020 | $1 trillion |
These statistics highlight the growing importance of effective risk management in today's digital age. Organizations must prioritize IERM to protect themselves from cyber threats, data breaches, and other risks.
By focusing on IERM, organizations can proactively address risks and capitalize on opportunities for growth and innovation.
In conclusion, achieving excellence in Inter Enterprise Risk Management is essential for organizations looking to thrive in today's complex business environment. By implementing robust risk management practices and leveraging data-driven insights, businesses can mitigate risks effectively and drive sustainable growth.
Source: Data sourced from industry reports and studies.