What is ISO 31050 and How Does it Guide Emerging Risk Management?
Some business risks are so new and complex that there isn’t enough data to size them yet. Early evidence can be thin, sources can conflict, and definitions can keep shifting. Not even past loss data and stable benchmarks will help. Take fraud + AI, for instance: a clear example of when emerging risks can be too new to make proper sense of them. For example, imagine you send money to someone you think is a colleague—they even call you on Teams and you can see ...



