Raconteur

Willis Towers Watson - Transportation Risk Index

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Contents 6 – 7 Executive summary Tra n s p o r t ati o n ke e p s th e g l o b a l e c o n o my m ov i n g . A ny o p e rati o n a l d i s r u pti o n s h ave w i d e r c o n s e q u e n c e s fo r s o c i et y, m a k i n g th e m a n a g e m e nt of th e a s s o c i ate d r i s ks a p r i o r it y th at s h o u l d tra n s c e n d i n d u str y b o u n d a r i e s 8 – 9 The primary risks T h e i n d u s t r y ' s to p t h re at s a s s e e n t h ro u g h t h e eye s o f s e n i o r exe c u t i ve s 14 – 16 Digital vulnerability and rapid technological advancement As transportation embraces the technologies of the digital age, it must build community risk strategies to ensure that all systems in the global value chain are secure and reliable 13 When foundations crumble C o m p a n i e s c a l c u l at i n g t h e i r r i s k p ro f i l e h ave a n i n c re a s i n g l y p re s s i n g p ro b l e m : L ate r a l r i s k - t h e p ote n t i a l i m p a c t o f ex te r n a l e ve n t s o n a b u s i n e s s ' a b i l i t y to ret u r n a p ro f i t - i s o n t h e r i s e . B u t i t i s ve r y h a rd to a s s e s s . W h at l i e s b e h i n d t h i s? 17 Building cyber defenses M a n a g i n g ex p o s u re to c y b e r- t h re at s w i t h i n a n o rg a n i z at i o n ' s e n te r p r i s e r i s k f r a m e w o r k i s t h e key to a b a l a n c e d i n ve s t m e n t i n b u i l d i n g re s i l i e n c e a g a i n s t t h i s h i g h - p ro f i l e d a n g e r 18 – 21 The top 50 risks R a n k i n g t h e i n d u s t r y ' s To p 5 0 i n d i v i d u a l r i s k s by m e g at re n d 10 – 12 Geopolitical instability and regulator y uncer tainty I n a w o r l d w h e re u n c e r t a i n t y c re ate s r i s k , t r a n s p o r t at i o n f i r m s a re n av i g at i n g f l u i d g e o p o l i t i c a l e ve n t s a n d re g u l ato r y re q u i re m e n t s t h at a re o f te n b eyo n d t h e i r c o n t ro l

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