Kerry Group

1. Data Security and Compliance Risk: Data security is a major risk for Kerry Group due to the increasing threat of cyberattacks, ransomware attacks, and malware, as well as the need to adhere to data privacy laws and regulations.

2. Technology Investment Risk: The technology investments required to keep the business competitive and up-to-date can be an expensive and time-consuming endeavour. Kerry Group must assess the return on investment for IT projects, as well as consider future growth.

3. Operational Risk: IT systems are essential for running the day-to-day operations of the business. If a system fails or an issue occurs, it can lead to financial losses, customer dissatisfaction, and disruption to operations.

4. System Integration Risk: Integrating existing and new systems frequently requires an in-depth understanding of technology and potential application conflicts. There is also the risk of downtime in developing, testing, and installing the new system.

5. Vendor Risk: Vendor relationships can introduce a range of risks, including delays in providing products and services, defective products and services, and data security threats. Kerry Group must evaluate the vendor’s reliability and solvency to mitigate such risks.