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Cyber Attack or Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Industry Overview
Technology, Media and Communications
Seizing Opportunities in a Fast-Moving Environment
After a long run of rapid growth and relatively easy access to capital, the technology, media and communications industry faces growing headwinds and rising volatility. Business disruptions, changes in the way people consume content, cyber attacks, industry consolidation, intellectual property risks, mergers and acquisitions, environmental, social and governance (ESG) factors, and post-pandemic workforce issues all threaten operational resiliency and profitability.
Yet, while demographic, economic and geopolitical trends are converging to create an incredibly challenging operating environment, this is an exciting moment for business leaders who can manage risk, harness new technologies, and engage their people to capitalize on emerging growth opportunities.
At Aon, our teams have deep experience across all segments of the technology, media and communications industry—including content and digital platforms, semiconductors, software and hardware firms, and telecommunications—and we partner with clients to navigate complex risks, cyber threats, intellectual property disputes, reputational crises, shifting talent needs, and more, to protect assets, optimize performance, and achieve strategic objectives.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Technology, Media and Communications industry include:
More Insights
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Article 3 mins
Better Decisions in Trade, Technology, Weather and Workforce
From global supply chain risks to climate insecurity, organizations face challenges and complexities on a scale rarely seen before.
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Article 3 mins
Risk Capital and Human Capital Perspectives
Risk Capital CEO Andy Marcell and Human Capital CEO Lambros Lambrou discuss how innovations in Risk Capital and Human Capital can help organizations boost resilience and navigate volatility.
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Article 5 mins
Cyber Due Diligence Protects Deal Value in the Technology, Media and Communications Industry
Ensuring future operational resilience of an acquired TMC business during an M&A starts with getting cyber due diligence right.
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Article 6 mins
Intellectual Property: An Asset to Protect and Leverage in the Technology, Media & Communications Industry
Often overlooked, intellectual property is an asset in the Technology, Media & Communications industry that must have effective risk management to support an organization’s overall operational resilience strategy.
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Article 7 mins
Using Data to Close Workforce Gaps in Technology Companies
Our research shows three workforce challenges specific to technology companies. We highlight ways to close these gaps — which is key to future industry success.
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Article 12 mins
Top Risks Facing Technology, Media and Communications Organizations
Technology, Media and Communications industry respondents to our Global Risk Management Survey (GRMS) ranked cyber attack or data breach and failure to attract or retain top talent as their two most critical risks.
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Article 6 mins
Climate Change: Plugging the Growing Risk Gap in the Technology, Media and Communications Industry
Technology, media and communications businesses need to understand how climate change threatens their operational resilience. Parametric insurance is becoming an important part of the solution.
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Article 6 mins
Equipping Your Workforce for Greater Resilience in the Technology, Media and Communications Industry
Within the fast-moving Technology, Media and Communications sector, workforce resilience is critical to operational resilience. The journey there involves understanding the key components of workforce resilience, how they can be measured and what initiatives promote greater resilience.
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Article 9 mins
How AI Will Impact Human Capital in the Technology, Media and Communications Industry
Artificial intelligence is driving rapid change globally. In technology, media and telecoms, AI can be a human capital opportunity, not just a risk.
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Article 6 mins
A Framework for Navigating Volatility in a Complex Environment
As the risk landscape expands, every TMC business should consider developing a robust framework for operational resilience. A three-phase strategy provides a rational approach to building a framework to help understand and manage key risk concerns and minimize business disruptions.
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Article 6 mins
Protect and Grow: An Integrated Approach to Tackling Global Volatility
In today’s increasingly volatile global economy, business leaders are focusing on two key areas of decision-making: Risk Capital and Human Capital.
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Article 7 mins
COVID-19 has Permanently Changed the Way We Think About Wellbeing
Aon’s 2022–2023 Global Wellbeing Survey explores what employers around the world are doing to support the needs of today’s workforce.
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Article 7 mins
ESG Data: How Businesses Can Use Data to Gain an Edge
To make the most out of their ESG data, companies can draw on different approaches to benchmarking and increase their attention to governance.
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Article 13 mins
A Game Of Cat And Mouse: Outpacing Cyber Threats Across Industries
Industry leaders in life sciences, financial institutions, technology, media and communications and food, agribusiness and beverage face a surge in cyber threats and data breaches.
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Article 7 mins
Catastrophes and Coverage: What 2022 Can Teach Us About Climate Risk
The impact of climate change on businesses, insurers, and communities can provide insight on how to mitigate the risks associated with extreme weather events.
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Article 12 mins
A Guide to Preparing for Greater Climate Disclosure in 2023
Climate disclosure requirements will increase globally in 2023. Use this guide in preparation to reduce risk and attract investors.
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Article 6 mins
How Will a Recession Impact the Great Resignation And Quiet Quitting?
A new phenomenon in which employees become disengaged — 'quiet quitting' — is drawing increasing interest.
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Article 6 mins
Cryptocurrency and the Metaverse: Building the Foundation for a Virtual Marketplace
Accompanying the considerable growth and potential, there is a long list of risks associated with the cryptocurrency and metaverse markets.
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Article 5 mins
The NFT Market Is Growing Rapidly — And So Are the Fraud Risks
NFTs are digital ownership records that are verified using blockchain technology and can be tied to works of art, collectibles and other intellectual property.
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Article 6 mins
Who’s Got Hold of Your Personal Information? Data Brokers Are Big Business
Data brokers are companies that collect and sell personally identifiable information to third parties. This industry has become a multibillion-dollar industry, but it also presents risks to individuals and businesses whose personal information may be used for nefarious purposes.
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Article 6 mins
As New Technologies Emerge, Can Businesses Find the Right Opportunities to Outsource Innovation?
As the global economy becomes increasingly complex, the need for an organization to innovate is brought into sharper focus.
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Article 7 mins
Retaining Talent in a Job-Hopping World
A record number of workers are quitting jobs and changing companies — or thinking about it. How can employers retain talent in today’s competitive market?
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Article 5 mins
Valuing the Virtual: Are Non-Fungible Tokens Fad or Future?
The rise of non-fungible tokens has created new markets.
