KPMGs Jim Negus provides good perspective on these challenges as well as some ideas for solutions. Role of technology in risk management comes up very frequently, and vendor selection initiatives have been plentiful since mid-Q4 of last year. Other frequent issues include event/loss management, building a risk taxonomy, and evaluating vendor/partner risk. The list is fairly comprehensive, but there are several other challenges that I would have included based on the inquiries I get from clients.”]
Source: https://www.csoonline.com/article/2136056/top-challenges-in-enterprise-risk-management.html