Cyber Perils Outrank Covid-19 and Broken Supply Chains as Top Global Business Risk: Allianz

BEC attacks

Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. The threat of ransomware attacks, data breaches or major IT outages worries companies even more than business and supply chain disruption, natural disasters or the Covid-19 pandemic, all of which have heavily affected firms in the past year.… Continue reading Cyber Perils Outrank Covid-19 and Broken Supply Chains as Top Global Business Risk: Allianz

Cyber Leads Global Business Risks for First Time: Allianz Risk Barometer 2020

Hacker using laptop. Hacking the Internet.

For the first time ever, Cyber incidents ranks as the most important business risk globally in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) to second place. Seven years ago, cyber ranked 15th with just 6% of responses. Changes in legislation and regulation (#3 with 27%) and Climate change (#7… Continue reading Cyber Leads Global Business Risks for First Time: Allianz Risk Barometer 2020