Source: Pixabay/ Vilius Kukanauskas
Ongoing geopolitical tensions, trade disruptions and cyber
crime are among the biggest risk factors for business travel in 2026, according
to the Risk Outlook report by travel risk management company International SOS.
Along with climate-driven travel risks, the report warns
that organizations are ill equipped to handle the increased pace of disruption
in a world where “volatility is no longer the exception—it is the operating
environment”.
Following a survey of 860 health, security and risk
professionals across 94 countries, 57 percent of respondents agreed new risks
are emerging faster than their companies can deal with.
“Risks intersect, disrupt, and escalate faster than
traditional planning cycles can absorb,” writes ISOS chairman and CEO Arnaud
Vaissié in the report.
“Organizations today are navigating a convergence of
pressures: geopolitical fragmentation, natural hazards, rising costs and
increasing polarization... And the strain on employees—particularly regarding
mental health—continues to intensify. Human capital has never been more
strategically important, or more vulnerable,” he said.
Almost two-thirds of respondents (64 percent) said security
risks have increased in the past 12 months and an additional 43 percent stated
health risks have intensified—with similar proportions expecting increases in
2026, according to the report.
However, around two-thirds (66 percent of security
specialists and 68 percent of health experts) expect resources to manage such
risks to remain static in 2026, while one in 10 anticipate budget cuts next
year.
Geopolitical tensions are by far the biggest driver of
uncertainty moving into 2026, as voted by 47 percent of respondents. Cyber
crime is another risk (27 percent), followed by political instability (26 percent),
trade disruption (26 percent) and regulatory uncertainty (24 percent).
The report argues that none of these factors are mutually
exclusive, with “persistent geopolitical tensions” and supply chain disruptions
likely to continue in 2026.
“Domestic businesses need to start looking at that a little
more than I think they have,” stated International SOS senior security adviser
Kelly Johnstone in the report. “And if you’re an international business, you
need to be all over it.”
The report warned about increased rates of cyber crime,
citing the US government’s Cyber Intelligence Threat Integration Center which
tracked 2,593 ransomware attacks worldwide in 2024, up 15 percent on 2023. A
number of high-profile cyber attacks in 2025—including those suffered by several
European airports in September and the data
breach at Qantas – highlighted the levels of disruption and reputational
damage that can be caused by a cyber incident, the report argued.
The report also refers to the Global Peace Index, compiled by the Institute for
Economics and Peace, which recorded 159 state-based conflicts in 2025, more
than any year since the 1940s.
The continuing war in Ukraine, the Israel/Gaza conflict,
civil war in Sudan and unrest in Cambodia and Thailand all contributed to
regional instability, according to the report.
Drone incursions into the airspace of EU states also make
“the risk of conflict on European soil more real,” ISOS said in the report. “As
governments in Europe focus more on security within the region and increase
defense spending, this will impact how businesses see and manage risk in such
traditionally low-risk markets.”
Hush Trips?
The report also warned of the heightened risks associated
with ‘hush trips’—or undisclosed business travel by remote workers.
An increasing number of companies have been “caught
off-guard” by calls for assistance from workers facing security or health
crises in locations where they were not expected to be working in, according to
ISOS.
Around one in five (22 percent) respondents said their
organization has the capacity to monitor employee hush trips, while only 17 percent
said they are equipped to handle security or medical incidents that happen in
these circumstances.
An employer’s legal duty of care in this “grey area” is yet
to be tested in courts, ISOS said, but the report advised that “organizations
need to decide what level of assistance they will to give to people who haven’t
disclosed their whereabouts.”
Only 50 percent of survey respondents said their company
policies stipulate acceptable boundaries for remote working.
“Hush trips must be accounted for in travel management
procedures and crisis response procedures and checked for insurance coverage,”
ISOS said in the report. “As a minimum, employee communications should strongly
encourage checking with managers before relocating for any period and should
make it clear that organizational support may not be as comprehensive in
unflagged locations.”