From reports of tainted food and product recalls to cyberbreaches resulting in theft of consumer data, incidents that reducecustomers' trust in businesses are becoming increasingly visible tothe general public. That makes trust-related risks a fast-growingarea of vulnerability that could threaten companies' ability tocompete. Consider, for example, how a highly publicized productdefect that harms consumers might affect a business's long-termsuccess.

The heightened transparency of our digital world makes trust ahyper-flammable, ever-present concern that extends far beyond mediaheadlines and brief dips in reputation. Instead, an incident thatcompromises the trust of key stakeholders can have a significantand lasting impact on a company's bottom line.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.