60 Virtual Brochure – March 2025 Figure 2 Figure 2 shows this difference between average inherent scores and mitigated scores, giving an overview of how effectively institutions believe that they are managing strategic risks. The graph shows that institutions continue to have a high degree of confidence in managing and mitigating risks around legal and regulatory compliance, student mental health and wellbeing, and cybersecurity. As we have noted in the past, given number of cyberattacks causing disruption, institutions may wish to reflect on the confidence they are placing on cyber controls. There is, as might be expected, less confidence in mitigating externally driven risks such as the UK policy environment, environmental sustainability, and geopolitics. Average Change Between Inherent Risk and Residualk Risk by Risk Theme (Descending Order) Other Compliance Apprenticeships Cyber Security Student Recruitment Staff Lifecycle Student Experience Estates Infrastructure Research Financial Sustainability Office for Students Reputation and Brand Governance Data Industrial Relations Operational Delivery Student Outcomes Digital Estate Partnerships Environmental Sustainability Geopolitics Business Continuity UK Policy Environment Student Wellbeing Average Cgange Risk Themes
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