For the first time ever, cyber incidents were ranked as the top business risk globally in the 9th annual Allianz Risk Barometer. In a survey of more than 2,700 risk management experts, cybersecurity outweighed all other concerns with 39 percent of respondents ranking it as the most important risk this year, compared to just 6 percent seven years ago when the cyber threat ranked only 15th. Awareness of cyber threats has grown rapidly in recent years.
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Similarly, PwC’s 23rd Annual Global CEO Survey found that CEOs in North America regard cyber incidents as the top threat to their businesses.
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