What is a key characteristic of emerging and future risks?

Emerging and future risks are characterized by the continuous appearance of new risks that arise due to various factors, such as technological advancements, changes in the social environment, and evolving regulatory landscapes. This constant emergence of new risks challenges organizations and risk managers to stay vigilant and proactive in identifying and addressing these threats.

The idea that new risks continue to appear is particularly relevant in today's fast-paced world, where innovation and change happen rapidly. For example, the rise of cyber threats can be attributed to increased reliance on digital technologies. Similarly, changes in climate can lead to new environmental risks that were previously unaccounted for. This aspect of emerging risks underscores the need for dynamic risk management strategies that can adapt to these evolving threats.

The other options do not accurately reflect the nature of emerging risks. For instance, the notion that they remain constant over time contradicts the essence of what makes a risk 'emerging.' Additionally, while known risks might mitigate in volatility due to better management practices, this does not capture the defining feature of emerging risks. Similarly, the idea that all emerging risks are easily predictable oversimplifies the complex landscape of risk, as many new risks can be uncertain and challenging to foresee.