For decades, manufacturers measured their greatest vulnerabilities in terms of supply chain disruptions, machinery failures and fluctuations in raw material prices. Today, however, an invisible threat has joined that list: cyber attacks capable of bringing entire production lines to a standstill within minutes. The modern factory has become one of the most attractive targets for…
For years, organisations have managed cyber security, physical security and operational resilience as separate disciplines. Different teams, different reporting structures, different budgets and often different priorities. That separation is becoming increasingly dangerous. As digital technologies become deeply embedded into industrial systems, supply chains and critical infrastructure, the boundaries between cyber, physical and operational risk are…
For decades, organisations approached controls and compliance through periodic cycles. Quarterly reviews, annual audits and scheduled testing exercises formed the backbone of assurance frameworks across industries. Risks were assessed retrospectively, evidence was gathered manually and control gaps were often identified weeks, sometimes months after operational failures had already emerged. In slower-moving business environments, that model…
The End of Predictability For decades, many companies treated uncertainty as an occasional disruption rather than a permanent business condition. Scenario planning therefore became an annual offsite exercise, a workshop dominated by PowerPoint presentations, hypothetical discussions and broad macroeconomic assumptions that rarely influenced day-to-day execution. In stable economic cycles, that approach appeared sufficient. In today’s…
For years, cybersecurity was treated largely as a specialized technology responsibility delegated to IT teams and security leaders. Boards discussed it periodically. CEOs acknowledged it during crises. CISOs managed the operational complexity behind the scenes. As long as systems remained functional and major breaches stayed out of headlines, cyber risk often remained compartmentalized within technology…
Modern businesses increasingly resemble interconnected digital ecosystems rather than standalone enterprises. Cloud platforms manage customer data. External vendors process payroll. SaaS tools monitor productivity. Third-party APIs connect financial systems. Logistics partners integrate directly into operational workflows. Marketing agencies access customer databases. Cybersecurity vendors themselves depend on multiple subcontracted infrastructure providers. Yet despite this growing interdependence,…
For years, cyber security discussions in boardrooms largely revolved around prevention. Build stronger perimeters. Invest in better firewalls. Detect breaches faster. Recover systems quickly. That framework is now evolving into something broader and far more consequential. The global conversation is increasingly shifting from cyber security towards digital operational resilience, the ability of an organisation not…
For much of the past decade, operational resilience was treated as an insurance policy: costly, necessary, and largely invisible when things went right. Today, that framing is no longer sufficient. In an era marked by supply-chain fragmentation, cyber disruptions, climate volatility and abrupt shifts in capital flows, resilience has emerged as a source of competitive…
In an environment where insurance is being reshaped by digital scale, artificial intelligence and rising cyber threats, risk leadership has become central to institutional credibility. In this exclusive conversation with K V Dipu, Senior President, Bajaj General Insurance, reflects on nearly three decades of leadership across cards, finance and insurance and outlines how his philosophy…
As 2025 draws to a close, it leaves behind a year that reshaped how Indian enterprises understand vulnerability, resilience and strategic preparedness. This was the year when risk ceased to be a category and became a continuum. Corporate India confronted a series of shocks that were not extraordinary in isolation, but deeply consequential because of…
