83% of Indian businesses see tech risks as a major threat: Report

83% of Indian businesses view technology advancements and the consequent rise is concerns around data privacy, security vulnerabilities, and regulatory compliance as major risk factors, according to Horizon Watch Emerging Risk Report 2024.

The report, published by Tata AIG General Insurance and Dun & Bradstreet India, was conducted among 300 business leaders across 25 sectors, including IT & ITeS, chemicals & pharmaceuticals, auto & auto-ancillary and financial services to identify emerging risks that Indian businesses will face over the next five years.