Health and safety incidents have become the leading financial loss drivers for businesses around the globe, with cumulative losses now outstripping the costs of more high-profile disruptions such as cyber-attacks or IT outages, according to the latest research.
The British Standards Institution (BSI) 2019 Horizon Scan analyzed the risks and threats recognized by 569 organizations worldwide, and compared these against the impact of actual disruptions over the past year. The findings highlight a significant gap between perceived business risks and actual issues.