CRMA Practice Exam 2025 – Complete Certification Preparation

Emerging risks refer to new or unpredictable risks that are not fully understood and may require specific attention from organizations. These risks often arise from changes in the business environment, such as advancements in technology, shifts in regulatory landscapes, evolving market dynamics, or broader social changes. Because they are in a state of development, they can pose significant challenges for risk management professionals who must assess their potential impact on an organization.

This understanding underscores the importance of monitoring and analyzing trends and the potential implications of these risks, as they might not be evident or quantifiable using historical data. Organizations must adapt their risk management strategies to identify and respond to these emerging risks proactively.

In contrast, the other options describe established risks or those that have already been identified and mitigated, which do not fit the definition of 'emerging risks.' By focusing on the unpredictable nature and the need for a proactive approach to emerging risks, it's clear why the correct answer accurately captures their essence.