The top three risks for Indian corporates in the next three years pertain to cybersecurity, technology disruptions and regulatory risks, according to Deloitte India Risk Survey 2018.
However, it added, there exists a divide on the viewpoint of risk management amongst Indian organisations.
According to Deloitte ‘India Risk Survey 2018,’ 44 percent of businesses harness risks to find future opportunities and drive returns, while 36 percent use risk management with an aim to drive compliance and prevent losses.
This insight further gets validated with the fact that regulatory risk with 44 percent still leads amongst the top three risk areas in India, followed by cybersecurity risk at 31 percent and technology disruption risk at 25 percent.
The primary reason for this…
