During our 2013 risk management survey, we found that executives in the Entertainment and Gaming sector were aware of the main organizational risks.
The entertainment and gaming sector is one of the technology firms faced with high uncertainties due to the nature of the industry. In our survey, we have identified the top risks for firms in this sector. The risks associated with damage to brand, image, or reputation of firms in the entertainment and gaming sector along with privacy, network, and security risks are the top risks for firms in the sector. In addition, firms in the entertainment and gaming sector face risks of losing intellectual property, uncertainties associated with changes in corporate governance, legislative, and regulatory environment, liabilities over violent content, inability to attract and retain key talent, fluctuations in economic conditions, and failure to innovate new products and services. Finally, delays and interruption in business and product development schedules and risks of failure to access capital significantly pose threats to firms in this sector.
To retrieve a full copy of the summary of the 2013 TechAssure Association Risk Survey, please contact a TechAssure member.