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Slovak Businesses Confronted with Array of Challenges, PwC Survey Reveals
Business leaders in Slovakia are facing an array of challenges, according to a recent survey by PwC. The top threats identified by 50% of respondents were inflation, followed closely by geopolitical conflict and macroeconomic volatility.
Top Operational Risks
While cybersecurity ranked fourth on the list of threats, it remains a top operational risk that is firmly on the agenda. The interconnectedness of these diverse risks has far-reaching implications for businesses.
Navigating Uncertain Times
In today’s volatile and uncertain world, companies must adapt to not only manage risks but also seize opportunities. PwC helps clients navigate uncertain times by providing a panoramic view of the unique risk landscape. The firm brings together expertise in:
- Risk management
- Regulation
- Tax
- Controls
- Cybersecurity
- Forensics
- Compliance
Survey Findings
The survey found that 55% of CEOs in Slovakia are increasing investments in cybersecurity or data privacy due to exposure to geopolitical risks, a higher percentage than globally (48%) or in the CEE region (34%). PwC Slovakia is a partner of the Europrivacy certification scheme and also offers expertise in Environmental, Social, and Corporate Governance (ESG).
Building Trust and Delivering Sustained Outcomes
By combining teams of experts with technology alliance partners, third-party data owners, and clients, PwC helps businesses make sense of multiple data sources to identify meaningful risk signals and form actionable real-time risk intelligence. This enables companies to become more agile and resilient, better equipped to anticipate threats and seize opportunities.
- Empowers businesses to change how they see risk
- Navigates the complex landscape
- Builds trust and delivers sustained outcomes