Governance and economic risks Technology risk Value chain risk The potential for a technology The process by which organizations failure to disrupt a business - for take strategic steps to identify, example, a service outage or data assess, and mitigate societal security incident. Technology risk transition and environmental risks also comes into play within the within their supply chains. This risk design of products and services is directly linked to relationships requiring digital components. This with suppliers, partners and even risk requires the identification, customers. categorization and prioritization of hardware and software threats to Financial risk reduce the potential negative impact Any risk that can result in the loss on businesses. Today, this would of capital for parties investing in also include the result of investment a project or a business venture. choices. It also entails re-pricing carbon- intensive financial assets yielding a negative financial revaluation or the devaluation of assets due to sustainability-led government policies. Mishandling any of these risks could result in reputational risk - the negative publicity or public perception resulting in longer-term revenue loss. 25