Geopolitical tensions make security precautions critical for UK business
Geopolitical tensions are on the rise around the world and global economic structures continue to evolve as a result. Political disruption and unrest can have a far-reaching impact on the rest of the globe. This impact can be seen most clearly in the ripple effects that the current ongoing Ukraine-Russia war has had on the rest of the world in terms of economic volatility, food insecurity, and dramatic price increases.
Businesses are, of course, hyper-focused on ensuring their resilience to geopolitical risk, fragmentation, and uncertainty, which according to McKinsey’s latest Economic Conditions Outlook is at the top of the agenda for CEOs. But, if businesses want to safeguard their resilience during this disruptive time, organizations will need to prioritize their security.