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Survey: Cyber-Risk Is Big, but Regulatory Risk Trumps Again

Tammy Whitehouse | February 13, 2015

Board members and executives in the c-suite continue to identify the regulatory environment as their top business risk heading into 2015, but cyber-security is fast rising on the list of risk priorities.

In a recent poll by Protiviti and North Carolina State University of 277 board members and top executives, 67 percent identified regulatory risk as the most serious risk facing their particular organizations. It’s the third year Protiviti and NC State have conducted the poll, and the third time regulatory risk topped the list of risk worries. “The overall perspective of risk seems to be improving somewhat,” says Mark Beasley, director of ERM Initiatives at NC State. “But the regulatory pressure and the scrutiny over how people do business continues to be top of mind, no matter which way you...

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