Potential risks can be clustered into different categories. These include corporate risks, operational risks, financial risks or compliance risks. Risks to a company's reputation or project risks can also lead to immense damage and even compromise the future of a company. In identifying, analysing, systematically assessing and managing these risks in a simple and timely manner, it is important to focus on the four fundamental pillars of every company. 1. People risks: People always contribute to the performance of a company, positively or negatively. They pose opportunities and risks. Risks related to people can impact - or cause - virtually every other risk within an organisation. Such is the case with compliance risks, where someone within an organisation inadvertently or intentionally fails to comply with certain regulations, standards, norms or other benchmarks and requirements. In practice, this has negative consequences for business processes and can lead to reputational damage.  2. Process risks: In the fundamentals of risk management, there is repeated talk of process risks. With good reason: If important business processes are not carried out properly, this almost invariably leads to a strategic risk for a company. Especially in times of increasingly complex processes and operational procedures, it is important to analyse every process component both internally and externally. 2. Process risks: In the fundamentals of risk management, there is repeated talk of process risks. With good reason: If important business processes are not carried out properly, this almost invariably leads to a strategic risk for a company. Especially in times of increasingly complex processes and operational procedures, it is important to analyse every process component both internally and externally. 3. Technological risks: The introduction of new technologies is always associated with opportunities and risks. Technologies can make a project a success, but they can also make implementation more difficult or even jeopardise security. Cyber security in particular is a crucial factor for companies. The growing number of data thefts and other cyber-attacks is one of the major risks for companies in the age of digitalisation.   4. Location-related risks: Changes in the world of work and advances in technology are making hybrid workforces a reality. Remote work or home office arrangements are starting to become a rule rather than an exception. This is an opportunity for companies, but it also poses risks. It raises the question of how long a large proportion of employees can work remotely without the face-to-face collaboration that an office environment brings. In addition, every mobile access point is also a potential gateway for malware.