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Technological Transformation and Technological Risks

Technological Transformation

Technological change has resulted in an over-dependence on data, software and IT infrastructure. All are targets of a rapid increase of cyber threats all over the world and are thus one of the biggest threats of the 21st century.

Technological change enables us to pursue totally new paths. While the automation and digitisation of value chains is gaining importance, the full potential of mergers, transparency, big data, and metadata remains to be exploited. Manufacturers of previously traditional products and services are becoming system providers, goods are being replaced by data, and machines by platforms.

We are undergoing times of permanent change, which many refer to as systemic transformation or multiple crises strung together. This change takes place in different fields and segments. They, in turn, are interlinked at various levels. HORIZON’s risk-oriented approach aims to define and outline the key areas of change affecting your company. In doing so, we take a close look at the systemic influences of ecological, geopolitical, technological and social transformation on your company’s risk landscape.

Read what our risk expert had to share regarding the future of technological risks in front of us.

HORIZON Series: Technological Transformation in Central, Eastern, and Southeastern Europe (CESEE).

We are excited to announce the release of the 5th Horizon Risk Thought » Fast Forward publication!

Why Strategic Agility Matters for Digital Transformation

In this exclusive interview, we bring together two leading voices on digital transformation in Central and Eastern Europe: Ursula Deschka, CEO of ERGO Baltics and Georg Winter, CEO of GrECo Group.

Will Crypto Ever be a Mainstream Currency?

Peter Papp, sat down with Peter Bešina, founder of Paralla and Cryptodiggers, to discuss the evolution of cryptocurrencies.

Does Fear Work? How (Not) to Use Fear Appeal in Raising Cybersecurity Awareness

Fear appeal is a common tactic to highlight the dangers of unsafe cyber behaviour in many cybersecurity awareness campaigns.

AI and the Human Factor

One practical application of AI is in the digitalization of HR processes. Tasks such as document management and onboarding can be streamlined, reducing errors and saving time.

Is Digital Dementia the Hidden Cost of Progress?

Excessive reliance on devices is leading to “digital dementia,” a rise in memory lapses, diminished focus, and cognitive fatigue – even among youth and the workforce.

Redefining Campus Learning in the Digital Age

Digital transformation is reshaping higher education, but what does that really look like for universities on the ground?

NIS2 Puts Managers in the Hot Seat

The new rules mean senior executives face increased scrutiny, greater personal liability, and must pay close attention to the role of D&O insurance in this new era of digital risk.

Beyond Data Breaches: Supporting the Wellbeing of IT Professionals

IT employees are under constant pressure. The threat landscape is dynamic, complex and often unpredictable

Horizon

The complexity of today´s risk environment is changing at an accelerating pace, making risk management even more challenging. We have created HORIZON, firstly as a print publication and now as a platform for sharing the latest insights about ongoing transformations. Our risk specialists will continue to provide their expertise and knowledge to shine a light on the challenges of the future.
Visit our HORIZON platform

Georg Winter

CEO GrECo Group

T +43 664 962 39 06

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