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TRANSPARENCY REPORT | RISK MANAGEMENT
Principal risks facing RSM
UK Audit LLP (continued)
Principal risk Risk description Risk trend
Technological change Failure to adapt to and be innovative in technology and digital change Increasing
Cyber, data and
information security
Failure to adequately protect data or to ensure our systems are resilient to manage
potential disruption
Increasing
People and culture Failure to maintain capacity and capability whilst continuing to maximise talent and
focusing on wellbeing, reliance and retention risk
Increasing
Global capability Inability to apply an effective global capability in meeting client needs and
maintaining reputation and client service quality
Increasing
Operating model Not having a financially sustainable and resilient operating model that can effectively
evolve and adapt to change, both internally and within the macro environment
Increasing