London (CNN Business)
A prolonged recession is the biggest worry for company executives as they contemplate the fallout from the coronavirus pandemic. But there's plenty more keeping them awake at night.
Executives whose job it is to identify risks are also concerned about a related surge in bankruptcies, high levels of youth unemployment and increased cyber attacks arising from a shift to remote working, according to a report by the World Economic Forum (WEF), Marsh & McLennan and Zurich Insurance Group.
The authors surveyed nearly 350 senior risk professionals from large companies around the world. According to the report, published on Tuesday, two thirds of respondents listed a protracted global recession as the "most worrisome" risk facing their companies. The report's authors also flagged increased inequality, a weakening of climate commitments and the misuse of technology as risks arising from the Covid-19 pandemic.
The survey was conducted in the first two weeks of April.