• According to the survey, 51% of senior executives agree that cyber attacks and data theft are the biggest threats to their company’s growth.

  • This has caused serious damage to the reputation of the company along with the financial loss.

  • New regulations, supply chains, disruptions and the effects of climate change are also becoming major challenges for companies.


Cyber ​​attacks And data theft has become one of the biggest headaches for Indian companies. This shocking revelation has been made in the new report of FICCI-EY Risk Survey 2026. According to this report, more than half of Indian business leaders consider cyber security to be the biggest obstacle to their company’s growth. About 51% of senior executives admit that cyber breaches and digital attacks are the biggest threats they face right now, according to the survey released on Sunday. Following this, changing consumer demands (49 percent) and global geopolitical upheaval (48 percent) were identified as the top challenges for business.


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Interestingly, technology and business operations today are deeply intertwined. 61 percent of leaders surveyed said rapid technological change and digital movements are affecting their market position. A similar number also believe that cyber-attacks not only cause financial losses but also seriously damage a company’s reputation. The report found that 57 percent of industry leaders are concerned about data theft and internal fraud, while 47 percent of the public believe so.


AI and lack of talent is a double-edged sword


Artificial Intelligence (AI) is all the rage these days, but for Indian companies, it is proving to be a double-edged sword. According to the survey, 60 percent fear that they will be left behind in their work if they do not adopt new technologies such as AI, while fifty-four percent feel that AI- risks, such as ethical issues and governance, are not properly managed.


Apart from technology, companies are also facing shortage of qualified employees. About 64 percent of executives believe that a lack of skilled employees can affect their performance, while 59 percent see poor succession planning as a threat to sustainability. About these changing times, FICCI’s Rajeev Sharma says that risks are now being treated as part of the strategy and not as isolated events.


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EY India’s Sudhakar Rajendran believes that threats like inflation, sustainability risks and climate change are now checking companies not individually but collectively, besides, supply chain issues (54 percent) and the challenge of adapting to new regulations (67 percent) also face Indian corporates. Climate change and non-compliance with environmental regulations are also now causing financial losses to companies.


Disclaimer: This is an automated news feed of Navrastra newspaper. It is not edited by navarashtra.com staff.


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