Security News > 2023 > January > Global Risks Report: Understand the risk landscape in 2023 and beyond

For the past 17 years the World Economic Forum's Global Risks Report has warned about deeply interconnected global risks.

The window for action on the most serious long-term threats is closing rapidly and concerted, collective action is needed before risks reach a tipping point.

The Global Risks Report 2023, produced in partnership with Marsh McLennan and Zurich Insurance Group, draws on the views of over 1,200 global risk experts, policy-makers, and industry leaders.

Across three timeframes, it paints a picture of the global risks landscape that is both new and eerily familiar, as the world faces many pre-existing risks that previously appeared to be receding.

These create follow-on risks that will dominate the next two years: the risk of recession; growing debt distress; a continued cost of living crisis; polarized societies enabled by disinformation and misinformation; a hiatus on rapid climate action; and zero-sum geo-economic warfare.

"2023 is set to be marked by increased risks related to food, energy, raw materials and cybersecurity, causing further disruption to global supply chains and impacting investment decisions. At a time when countries and organizations should be stepping up resilience efforts, economic headwinds will constrain their ability to do so. Faced with the most difficult geo-economic conditions in a generation, companies should focus not just on navigating near-term concerns but also on developing strategies that will position them well for longer-term risks and structural change," said Carolina Klint, Risk Management Leader, Continental Europe, Marsh.

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https://www.helpnetsecurity.com/2023/01/12/global-risks-report-2023/