Global Risk Landscape 2026

Risk Everywhere: Extending ownership beyond the risk function

Global Risk Landscape

The global risk landscape has fundamentally changed. Risks that once appeared separate are now closely interconnected and evolving rapidly, while geopolitical uncertainty, technological disruption and economic volatility continue to amplify them.

BDO’s 11th Global Risk Landscape report explores how organisations can respond to this new reality by rethinking how risks are understood, managed and addressed.

The report is based on insights from 500 senior executives across key global markets. It highlights where organisations are most exposed to risk and how traditional risk management models may be holding them back.

Key findings from the report

  • Uncertainty has become structural, and waiting for stability is no longer a viable strategy
  • Geopolitical risks underpin many other risks, with impacts spanning supply chains, cybersecurity and regulation
  • Cyber risk ranks among the top three risks organisations feel least prepared for, despite increased investment
  • Fraud risk is underestimated at a time when AI is accelerating the sophistication of fraud
  • AI does not fix weaknesses in governance and controls – it makes them more visible

At a time when the cost of inaction is rising, the ability to make decisions in uncertainty is becoming a critical competitive advantage.

“The pace of change is so rapid that companies can no longer afford to wait for better times. Decisions must be made despite uncertainty. Yet in many organisations, risk management remains too siloed, slowing down decision-making and limiting a holistic view. In this kind of environment, caution itself can become a risk.” Helge Vuoti, Partner, Internal Audit and Risk Management

This report outlines what organisations need to change, why the change matters, and what leadership can do to move from reactive risk management to proactive steering. Download the report by submitting your contact details.