According to the World Security Report published by G4S. about 1,775 Chief Security Officers (CSOs) in 30 countries at large, global companies with a total revenue of more than $20 trillion participated in the research. The threat of insider fraud and violence against employees is anticipated to be greater security threats in India in the coming year than anywhere else in Asia Pacific.
As per reports, fraud – deception intended to result in gain – committed by employees in India is anticipated by 39% of CSOs to be the most concerning internal security threat over the coming year compared with a regional average of 28%. Just under a third of CSOs, at 29%, said external fraud will threaten their company compared with a regional average of 22%.
India is believed to be the second-highest country in the region and fifth-highest country globally, to expect climate change to be a genuine security-impacting hazard next year at 52%. This compares with a regional average of 40% and a global average of 38%.
“While cybersecurity often dominates the headlines, this report shows that physical security incidents are just as concerning for CSOs, if not more so,” Rajeev Sharma, MD, G4S India, concluded.