‘COVID, cyber attacks, data fraud top threats for Indian corporates’

The public health crisis due to the COVID19 pandemic has emerged as the top threat for Indian corporates, while cyber attacks and data frauds loom equally large, according to a study.

The report, titled ‘Excellence in Risk Management India 2020, Spotlight on Resilience: Risk Management During COVID19’, has been published by global insurance broker Marsh and risk management society RIMS.

While there is great optimism about the ability of organisations to rebound and address future pandemic-related challenges, cyber attacks and data fraud continue to be paramount concerns for risk professionals in India, as per the survey.