Risk managers must embrace change or risk wasting higher budgets post-Covid-19

Credit: iStock/Angkana Kittayachaweng

Risk management budgets are likely to increase following Covid-19, but investment in the same old frameworks will mean many companies remain inadequately prepared for the next unexpected event, according to two risk technology experts. Jim Wetekamp, chief executive officer of Riskonnect, a risk management software provider, told CRE that risk management budgets are set to rise following the shock of…

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