More than half of CEOs think their enterprise risk management program (ERM) program is not as effective as it should be, a LogicGate survey reveals.
Challenges for enterprise risk management programs
With companies experiencing an increase in risks and data breaches, it’s no surprise the report uncovered that 88% of CEOs think ERM is very or extremely important. However, while most companies have an ERM program in place, there’s little agreement as to what a successful program really looks like in practice, beyond the baseline features.