Background and Timeline: Released on February 8, 2026, the FICCI-EY Risk Survey 2026 provided an exhaustive analysis of the evolving risk landscape for Indian corporations. The findings were based on a web-based survey of 137 senior decision-makers, including CXOs across various sectors. The report emphasizes that organizations are moving away from treating risk as episodic and embedding it into strategic planning.

Modus Operandi: The survey tracked how technology-related risks are increasingly linked to operational continuity and business resilience. It highlighted the rise of “Social Engineering 2.0” where AI is used to manipulate internal processes through deepfakes. The report also noted that rapid technological change and digital disruption are affecting the competitive positions of 61% of Indian firms.

Victims and Financial Impact: 51% of senior leaders identified cybersecurity breaches as their primary concern for 2026, while 61% identified cyber-attacks as major financial threats. Additionally, 57% of Indian businesses reported potential data theft and insider fraud as significant risks. 54% of executives flagged supply chain disruptions as a major risk to business continuity.

Investigation and Agencies Involved: FICCI and EY jointly conducted the analysis, with the technology sector representing the highest share of respondents at 21%. The study explored how organizations are responding to converging disruptions such as geopolitical events (48%) and changing customer demands (49%). The findings emphasize that managing risk now requires an integrated enterprise approach.

Arrests and Suspects: Not applicable (Institutional industry report). The survey serves as a strategic compass rather than a case study of criminal prosecution. However, the report does flag that 59% of executives cite weak succession planning and 64% point to critical talent shortages as risks that make organizations more vulnerable to external threats.

Broader Implications and Trends: A critical “AI Governance Gap” was identified, with 54% of leaders admitting that AI-related risks are not being managed effectively despite 60% acknowledging AI’s necessity. Organizations are being pushed to rethink governance and internal controls under the DPDP Act. The report concludes that trust, not just disruption, will define business success.