The Role of Digital Technologies in Managing International Business Risks: A Systematic Literature Review

In today’s constantly shifting and interconnected global economy, international business operations encounter wide range of risks, including political instability, ambiguity in regulations, financial turmoil and supply chain disruptions. The emergence of advanced digital technologies offers significant opportunities for companies to detect, counteract, and adjust to such risks. However, the current body of knowledge is still dispersed, with limited integration of digital transformation into the discussion of international business risk management. Thus, the study aims to critically examine how digital tools specifically manage risks and uncertainty in international operations, an area that has not received adequate attention in previous research. The methodology used in this paper is systematic literature review using a sample of 60 publications published in the period of 2015–2025 in this context. The findings elaborate the benefits of implementation of such technologies, such as increased foresight, responsiveness, and risk management, and the drawbacks, such as the cost of implementation, quality of data, and cybersecurity, and the preparedness of an organization. Furthermore, based on the findings the study identifies four core domains of digital tools adoption via thematic coding. The study concludes with providing significant insights for business practitioners, policy makers and scholars to promote adaptable, ethically sound and inclusive techniques towards digital risk management. Moreover, the review expands both practical and academic knowledge on how digital innovation is reshaping worldwide risk resilience.