What Role Does Technology Play in Managing Dependency Risks?
Technology can be a double-edged sword in the context of dependency risks. On one hand, advanced technologies such as data analytics and artificial intelligence can help businesses identify potential risks and optimize their operations. On the other hand, over-reliance on specific technologies can create vulnerabilities. Therefore, businesses must strike a balance by leveraging technology for risk management while ensuring that they are not overly dependent on any single technological solution.