The India Risk Survey consists of 12 risks that indicate
the most significant threats to business operations
and development in India. Each risk is assessed
individually, which provides a deeper and more holistic
understanding, based on the Pinkerton Risk Wheel.
The Pinkerton Risk Wheel frames risk into four broad
categories which can help understand not only the
different threats that can impact business continuity,
but the interconnectivity of risks as a whole. Threats
categorized in one risk area ultimately can impact
the other risk areas. The risks wheel is divided into
four quadrants: Hazard & Event Risk (natural hazards,
terrorism & insurgency, crime, fire), Operational and
Physical Risk (strikes and unrest, threats to women
safety, accidents, infrastructure risk), Market and
Economic Risk (political and Government instability,
corruption, bribery, and fraud, and legal regulatory risk),
and Technology and Information Risk (information and
cyber insecurity, intellectual property theft, business
espionage).
For more details and structured learning, please explore our Fraud Risk Management Course.
