Government policies pose the biggest risks for companies over the next three years, followed by cyber security and technology disruptions, a survey of over 100 top company executives has revealed.
The primary reason for this trend is that CXOs are considering regulatory compliance as a critical value protector exercise, the Deloitte India Risk Survey 2018 noted.
The survey showed a divide on the viewpoint of risk management amongst Indian organisations.
While 44 per cent of businesses harness risks to find future opportunities and drive returns, 36 per cent use risk management with an aim to drive compliance and prevent losses.