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UK Utilities Risk Report 2024 – The interconnected nature of Cyber, Supply Chain and People Risk

Explore our video series on challenges in the utilities sector: cyber-crime, supply chain and people risk, with findings from our 2024 Utilities Risk Report.

In this video series, we examine three significant challenges in the utilities sector. We offer insights on managing these risks for enhanced resilience.

Cyber security

We delve into the key challenges cybercrime poses to the utilities sector and our insights on how to effectively manage these risks to ensure resilience.

  • Managing and mitigating against cyber attacks
  • Advancements in digital technology
  • Most common cyber-attacks for the utilities sector
  • Top risks for utilities companies

Supply chain

James Crask, Head of Strategic Risk Consulting at Marsh UK, discuss what the biggest supply chain challenges are for the utilities sector and how leveraging emerging technologies such as AI are helping uncover hidden vulnerabilities.

  • Top concerns and what you can do to maintain resilience
  • Managing capex investments
  • Key people risk and skills challenges in the supply chain
  • Leveraging new technologies to support resilience 

People risk

Daniel Imbeault and Carl Ratcliffe explore key findings from the 2024 Utilities Risk Report and spotlight what utilities need to consider keeping pace with the rate of change and ensure resilience from a people risk perspective.

  • Looking at the skills gap
  • Future talent attraction and retention
  • Diversity, equity and inclusion considerations
  • Practical steps to address mental health concerns

Cyber risks

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What should Utilities companies do to effectively manage cyber-attacks?

How can AI be leveraged for Utilities?

What does a cyber-attack typically look like for the Utilities sector?

Why is cyber a top risk for utilities companies?

Supply chain risks

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What are the top supply chain concerns for the Utilities sector and what can they do to maintain resilience?

What do Utilities need to consider from a supply chain perspective, as they manage significant capex investments?

What are some of the key people risk and skills challenges Utilities have to overcome within the supply chain?

How can Utilities leverage new technologies, like AI, to support supply chain resilience?

People risks

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What are the 3 top tips for securing young talent?

What workforce planning factors should utilities prioritise and how does this affect supply chains?

Can flexible working be leveraged within the utilities sector?

How can utility companies ensure their supply chains are resilient from a people risk perspective?

UK Utilities Risk Report 2024

This report highlights the interconnected nature of the above risks. Recognising the complexity and interdependencies of these risks is essential for developing a holistic approach to your risk mitigation strategies.

Our people

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Carl Ratcliffe

Marsh UK Industries - Recycling, Utilities & Mining Industries Leader

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James Crask

Head of Multinational Clients at Marsh

  • United Kingdom

Daniel Imbeault

Daniel Imbeault

Partner, Senior Director, Mercer UK

  • United Kingdom

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