MNP Risk Trends: 2026 and Beyond

A leader’s guide to what’s next

Risk is evolving. Can your organization keep up?

Risk isn’t what it used to be. It’s faster. Smarter. More unpredictable.

Artificial Intelligence (AI)-generated fraud is reshaping cyber security. Misinformation is blurring reality. Supply chains are cracking under pressure. Extreme weather events are pushing insurers to the brink.

The risks aren’t only multiplying; they’re interconnected. One disruption can trigger a ripple effect. What worked yesterday won’t be enough for tomorrow.

This report isn’t just a snapshot of emerging or evolving risks — it’s a playbook for what’s ahead. Based on real-life assessments, data, and insights from MNP’s Internal Audit team, it highlights the challenges organizations face right now and the ones waiting just around the corner.

This year’s report digs into:

• The rise of AI-driven threats, from deepfakes to autonomous cyber-attacks.
• The talent crunch as organizations struggle to find and keep the right people in a shifting workforce.
• The high cost of climate risk, as increasingly frequent natural disasters make insurers rethink their coverage.
• The governance revolution, where boards face scrutiny over cyber security, ESG, and compliance.
• A look back at how risk management has had to evolve over the decades.

The risks we explore aren’t happening in silos: They’re colliding, compounding, and challenging businesses in new, unexpected ways. The leaders who succeed won’t be those who react the fastest — it’ll be those who are best prepared.

At MNP, we work alongside Canadian organizations and governments, helping them to stay ahead of emerging risks while turning uncertainty into opportunity.

This report isn’t about fear, it’s about foresight.

Let’s take a look.

MNP Internal Audit Services Team