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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.

Facing the Quantum Challenge Before It’s Too Late

In a world rapidly advancing toward quantum computing, have we underestimated the risks and will our reluctance to act now leave our digital world exposed and vulnerable?

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Climate Risks: More Resilience Through Technology and Personal Responsibility

How technology will contribute to increasing resilience and why personal responsibility is an important part of risk management.

Driving Progress, Redefining Risk and Insurance

In an era where artificial intelligence is woven into every aspect of business, the hidden dangers of unsanctioned AI tools are increasingly coming to light.

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Cybersecurity Under Fire: What’s at Play Today (and Why Every Business Should Care)

During a recent panel discussion organised by GrECo Czech Republic, experts in insurance and cyber security examined the most critical cybersecurity challenges and strategies.

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Insured by Algorithms

The insurance industry is undergoing a profound transformation, driven by the rapid adoption of AI and predictive analytics.

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Revolutionising Medical Diagnostics: The AI Frontier in Healthcare

Within healthcare, many doctors and nurses see AI as a promising tool to ease their heavy administrative workload and are eagerly anticipating further advancements.

Shadow AI: The Unseen Risk Lurking in Your Company Infrastructure

In an era where artificial intelligence is woven into every aspect of business, the hidden dangers of unsanctioned AI tools are increasingly coming to light.

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Case Study: AI-Supported Claims Processing in Motor Insurance

José Luis Abad Garcia, Competence Center Manager Motor, at GrECo Austria shares GrECo’s groundbreaking journey in integrating AI to transform motor insurance claims processing.

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Tech-Powered Food Supply Chains: Driving Resilience & Growth While Mitigating New Risks

In an unpredictable global landscape, the resilience of food supply chains is no longer a luxury but a necessity.

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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