Could someone outline the drawbacks(if any) of increasing the number of seconds

Could someone outline the drawbacks(if any) of increasing the number of seconds to wait for a response from a webservice? Currently the below property is commented out in our custom.properties file (that means by default wait time is 60 seconds)
#conf.node.webservice.socket.timeout=@conf.node.webservice.socket.timeout@

We need to increase this to 3 minutes as some of our SSRS services taking around 67 seconds or even more for a few requests in our Production system.

OriginalPostID-176139

OriginalPostID-176139

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