5 global business risks employers should watch for in 2024

Published 2 Min Read

Red system hacked warning alert on laptop.
Pungu x from AdobeStock

Between the threat of a recession and rapidly evolving technology, it’s been a year of uncertainty for many employers — and it won’t necessarily get easier in 2024.

Global professional services firm Aon released a list of the biggest management risks businesses faced in 2023, with cybersecurity, the economic slowdown and retention failures making the top five. While employers have finally reached the end of a tough year, many of these challenges aren’t going anywhere since they are ultimately tied to the one thing all businesses need to succeed: talent. 

Aon estimates that 74% of data breaches involved some level of human error or misuse of technology and credentials. And given that cyber attacks increased by 176% in just the first half of 2023, according to Aon, companies will have their hands more than full if they don’t better educate and train their workforce on this front. In fact, Aon predicts cyber attacks will remain in the number one spot until at least 2026. 

Read more: 10 execs share the best books they read in 2023

Deanna Cuadra
Senior Reporter

Deanna Cuadra is a senior reporter at Employee Benefit News. Her work covers healthcare, U.S. policy and reform, challenges faced by women and parents in the workplace and innovation in work culture … Read full bio


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