Speed of digital transformation key risk-management challenge: PwC survey

Signalling a need for much more preparedness in dealing with the new-age business ecosystem, nearly eight in 10 business executives in India opined that keeping up with the speed of digital and other transformations is a significant risk-management challenge.

According to the India highlights of PwC’s 2022 Global Risk Survey, six in 10 executives feel the need to actively seek external insights to assess and monitor risks in the increasingly disruptive business environment.

The survey saw participation from 109 Indian respondents, with leading business executives making up 72% of the sample and the rest comprising risk management (13%), audit (10%) and compliance (6%) professionals.