From their inception half a decade ago, captives have played
a key role in helping companies mitigate and contain business
risks. But with the rapid and disruptive change in the digital age,
captives can play a strategic role in driving Asia's business
growth.
All businesses have risks – but not all risks can be
prepared for.
In May 2017, a massive cyberattack known as WannaCry infected
over 200,000 computers in 150 countries, affecting major
telecommunications and energy providers, banks and government
services. In the first four days of its release alone, the virus
became responsible for over USD1 billion worth of data and
productivity losses. While large-scale cyberattacks may dominate
headlines, new risks are emerging with increased technology
adoption and digital disruption.
