Pandemic to boost risk management budgets and standing, finds IRM survey

Credit: iStock/Nuthawut Somsuk

More than half of risk managers (56%) surveyed by the Institute of Risk Management (IRM) expect an increase in their budgets as a result of Covid-19, with an overwhelming 96% believing the pandemic has strengthened the case for risk management within their business. Some 17% of respondents to the Risk Management Response to Covid-19 survey said their risk management budget…

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