5 Top Enterprise Risk Management Trends We're Tracking In 2024
theCUBE research, Wednesday, February 7th, 2024
In this episode of The SecurityANGLE, our webcast series focused on the cybersecurity sector, I'm joined by fellow analyst and member of theCUBE Collective community, Jo Peterson, for a conversation about enterprise risk management trends that we are tracking in 2024.
Enterprise Risk Management from the 30,000-Foot View
Business continuity, risk mitigation, and enterprise risk management processes might not be sexy terms, but they all work together and play an outsized role in business success.
Before we dig into the trends shaping 2024, here's a 30,000-foot view of Enterprise Risk Management and what it does. For starters, ERM solutions are gaining ground as people understand their vital role in risk management and protection. Global News Wire reports that the enterprise risk management market size is expected to surge from $10.58 billion in 2023 to $11.89 billion in 2024, boasting in impressive CAGR of 12.5%.