Canadian Companies not Addressing Risks of Next-Gen Tech

While 85% of Canadian companies are investing in next-gen technologies, they are not doing enough to manage the associated risks, such as cyber threats and talent shortage.

canada risk next-gen

While a huge amount of Canadian companies are investing in emerging, next-gen technologies, they are not doing enough to manage the associated risks, such as cyber threats and talent shortage.

PwC Canada has found that 85% of the senior risk executives polled in a new report are investing in AI, blockchain, and IoT, but are failing to address the fact that talent is scarce, which is directly linked to cybersecurity problems.

Furthermore, 46% of respondents said that a lack of talent was the main barrier to digital innovation, with 72% expressing concern that the right digital skills are not available in their industries, while 67% also believe that their senior leadership teams lack the same skills.

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