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Why 'Digital Asbestos' Is Driving Up Risk Debt

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Why 'Digital Asbestos' Is Driving Up Risk Debt

A financial services risk executive describes how organizations can appear to have modern risk programs while relying on legacy workarounds underneath, creating hidden technical debt. Accountability for this accumulated risk often goes unassigned across the enterprise.

Why it matters: Risk and compliance leaders need to audit their own programs for these hidden workarounds, as lack of clear ownership means unresolved vulnerabilities can compound over time.

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