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More sources of risk and complexity are evident, ranging from new technologies, cyber threats, regulatory requirements and changes in accounting and tax rules. Today, risk is dynamic, spread over the globe (with little time to plan and prepare) and has greater, more far-reaching impact.
Your reputation – with your customers and employees, the public, regulators and other companies – is what keeps you in business and underpins your success. But reputation can be lost with terrifying speed. Hackers steal your data. A competitor accuses your sales force of corruption. A dispute with your business partner threatens to erode value.