Virtual enterprise is the potential mode of future enterprise under global economic environment and the risk management for it is a popular research area recently. Risk identification is the key phrase of risk management. Considering the risk identification problem in the virtual enterprise, a new identification method based on the BP network is provided in this paper. Using this method and the data related to the problem, the possible to take place of the risks could be obtained by training the neural network, so that risks can be investigated in time and managed effectively. The simulation results prove its validity.