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InterconnectedDisasterRisks2021/20221Contents Emerging RisksExecutive SummaryChapter 108Introduction74Health ImpactsChapter 21010 disasters from 2021/202275Ecosystem Tipping Points12British Columbia
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What is emerging risks?
Emerging risks are new or evolving threats that could impact an organization or sector, often stemming from changes in technology, regulations, or social attitudes.
Who is required to file emerging risks?
Organizations that are subject to regulatory requirements or those that assess their risk management frameworks often need to file emerging risks.
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The purpose of emerging risks is to identify and monitor new vulnerabilities that could affect an organization's objectives and to prepare adequate risk mitigation strategies.
What information must be reported on emerging risks?
Information typically includes a description of the risk, potential impacts, likelihood, current controls, and action plans for management.
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