New Delhi, Dec. 13 -- Geopolitical instability has emerged as the biggest future risk for India Inc., with nearly 50 per cent of CXOs ranking it as the most severe threat over the next five years, according to a report, 'The Global Risk Atlas - New Realities' by MGC Global Risk Advisory.

The report, based on insights from over 125 CXOs across 45 economies spanning five regions with sectors including manufacturing, services, BFSI, digital, consumer and infrastructure, found that 70 per cent of business leaders expect "steady volatility" across six of nine major risk categories, while 59 per cent identified cyberattacks and data breaches as a top board-level concern.

The Atlas also noted that AI governance has overtaken ESG as a key board...