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Verizon, Mobile Security

Cybersecurity Breaches are Top Risks for India Inc: FICCI-EY Survey

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Within the Indian enterprise landscape, technology-related risks are now fundamentally tied to operational continuity and strategic resilience. According to a joint study by FICCI and EY, cybersecurity breaches have emerged as the paramount operational threat facing corporate India in 2026.

According to a recent FICCI-EY study, 51% of senior business leaders identified cybersecurity breaches as their primary concern for 2026. The FICCI-EY Risk Survey ranked changing customer demands (49%) and geopolitical developments (48%) as the second and third most significant business risks, respectively.

The report is based on responses from 137 senior decision-makers and CXOs across multiple sectors, with the technology sector representing the largest share of respondents at 21%, followed by professional services.

Key findings include:

  • Digital & Cyber Vulnerabilities: 61% of respondents reported that rapid technological change and digital disruption are impacting their competitive position. An equal proportion (61%) identified cyberattacks and data breaches as major threats to their financial and reputational standing.

 

  • Internal Threats & Complexity: 57% cited potential data theft and insider fraud as significant risks, while 47% acknowledged difficulty in mitigating increasingly sophisticated cyber threats.

 

  • The Artificial Intelligence Paradox: AI has emerged as a dual risk area for corporate India, presenting both opportunities and vulnerabilities. While 54% of respondents stated that AI-related ethical and governance challenges are not being managed effectively, 60% noted that inadequate adoption of emerging technologies, including AI, could hinder operational efficiency.

 

  • Regulatory Compliance: On the regulatory front, 67% emphasized the need to address compliance challenges proactively, whereas 40% admitted their existing compliance frameworks struggle to keep pace with evolving regulations.

 

Overall, these findings underscore that technology-related risks are now intrinsically linked to operational continuity and long-term business resilience.

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