© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Know Your Risk: Why Risk Management Has Never Been More Critical 
Posted 27th January 2025

Know Your Risk: Why Risk Management Has Never Been More Critical 

In today’s fast-paced business environment, risk management has never been more critical, or more complex.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Know Your Risk: Why Risk Management Has Never Been More Critical 
Risk management forecasting evaluation financial business concept on virtual screen.

By Nick Rafferty, Co-Founder & CRO, SureCloud

Third-party cloud security consultants can help organisations identify key risks that could disrupt operations, cause reputational damage, or lead to financial losses 

In today’s fast-paced business environment, risk management has never been more critical, or more complex. Organisations face an overwhelming number of potential threats, from cybersecurity risks to regulatory compliance issues. With this in mind, organisations need to understand where to focus their resources. 

Right-sizing your risks 

Right-sizing risk and identifying the risks that impacts your organisation themost will be crucial in 2025 and beyond. Organisations face a range of complex, multifaceted risks. To maintain operational continuity, it is vital that organisations are equipped to first identify the risks, then manage and mitigate these risks effectively. Third-party cloud security consultants can help organisations to break down how to prioritise and manage the risks that have the biggest impact so they can streamline their efforts and protect what is most important. 

The problem: too many risks, too little focus 

Many organisations face a common challenge- trying to manage too many hypothetical risks, leading to bloated risk registers and a diluted focus. Without a clear strategy, organisations risk wasting resources on issues that may never materialise, leaving the truly critical threats under-addressed. 

Proactively managing increasingly complex cybersecurity threats and safeguarding sensitive data for customers, partners and stakeholders can be a daunting task for many organisations. 

Third-party cloud security consultants can help organisations to cut through the noise and identify the key risks that could disrupt operations, cause reputational damage, or lead to financial losses. It starts with understanding the risk landscape and honing in on critical assets and processes- the backbone of any organisation. 

Prioritising the risks that matter 

One of the most valuable insights that third-party cloud security consultants can provide is the process of prioritising risks. Not all risks are created equally, and focusing on those with the highest impact and likelihood ensures you are putting your resources to the best use. 

For instance, if an organisation is in a highly regulated industry, compliance risks might take priority over other operational risks. On the other hand, if an organisation relies on a global supply chain, they may need to focus more on third-party risks and potential supply chain disruptions. 

Practical tools such as risk matrices and impact assessments to help rank and address these risks effectively, is something organisations will urgently need to look at implementing in 2025. 

Mitigation strategies for long-term success 

Knowing the risks is only half the battle. The next step is creating actionable mitigation strategies to reduce the likelihood or impact of those threats. Third-party cloud security consultants can build strong defences, whether that is strengthening cybersecurity posture, adjusting business continuity plans, or improving third-party vendor management. 

Industry best practices 

Third-party cloud security consultants can help to achieve a consistent approach to identifying, assessing, mitigating, and reporting on risks aligned to industry best practices such as ISO 27005, ISO 31000 and NIST. This is accomplished by utilising comprehensive dashboards and interactive heatmaps for in-depth risk analysis and reporting. Proactively managing and minimising potential risks that could impact operations and trigger automated assessments with pre-built scheduling and notifications is key. Third-party cloud security consultants can develop and implement risk mitigation strategies to reduce the overall risk exposure of the business. 

Enabling adoption 

Risk management should be made accessible to non-technical users, enabling adoption and ensuring everyone can contribute to risk management activities using a user-friendly interface.Categorising risks using risk hierarchy, which can be tailored to meet organisational needs and enables detailed risk aggregations, roll-ups, and reporting is a must have.  Third-party cloud security consultants canbuild no-code risk management platforms that can scale-up or down when necessary, offering flexibility to adapt and change as an organisation grows. 

Nick Rafferty

Categories: Leadership, News


You Might Also Like
Read Full PostRead - Eye Icon
Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg
Finance
01/07/2016Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg

Callais Capital is a family office and independent investment manager based in Southern Louisiana. Harold Callais provides us with a riveting insight into the firm and the financial products it offers.

Read Full PostRead - Eye Icon
Innovations In the Printing Industry
Innovation
18/05/2022Innovations In the Printing Industry

Technology is increasingly replacing many old techniques of operation and project management. Print and design are two examples of industries undergoing transitions and developments.

Read Full PostRead - Eye Icon
Recruit Holdings Acquire Quandoo for USD251m
Finance
Read Full PostRead - Eye Icon
R3Location: Trusted Relocation in a Complex City
Strategy
19/01/2018R3Location: Trusted Relocation in a Complex City

R3Location Limited offers an exceptional range of relocation services to companies moving assignees into London and the South East.

Read Full PostRead - Eye Icon
WorldRemit raises $100m funding round to drive global growth
Finance
Read Full PostRead - Eye Icon
Most Innovative Law Firms 2016
Legal
05/05/2016Most Innovative Law Firms 2016

These listings showcase a wide range of innovative and cutting-edge financial and law firms across the globe.

Read Full PostRead - Eye Icon
How Do I Choose the Right Witnesses to Provide Evidence for a Public Inquiry?
Legal
14/05/2025How Do I Choose the Right Witnesses to Provide Evidence for a Public Inquiry?

Public inquiries are powerful tools in scrutinising business practices and often come with high stakes for the organisations involved.

Read Full PostRead - Eye Icon
Advantages of Arbitration as a Method of Resolving Franchising Disputes
Innovation
23/05/2016Advantages of Arbitration as a Method of Resolving Franchising Disputes

In our last article in AI magazine (February edition) we talked about the impact of disputes in the franchising context and how to minimise the risk of claims being made against you.

Read Full PostRead - Eye Icon
What Soft Skills Can Trading and Investing Give You
Finance
29/01/2021What Soft Skills Can Trading and Investing Give You

We hear and read a lot about what skills you need in order to succeed at investing. Everyone wants to know the secrets to success, and what skills they need to work on to be able to get there. But what about the benefits that trading can give you as a person a



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow