Worries about hackers and cyber attacks — not business rivals or encroaching red tape — are now most likely to keep CEOs awake at night.
Cyber incidents are considered the top risk to businesses globally, according to a survey of 2,718 executives across 100 countries, including CEOs, risk managers, brokers and insurance experts, with 39% listing this as their biggest worry.
Seven years ago, cyber ranked 15th on the business risk list, compiled by Allianz Global Corporate & Specialty (AGCS), with just 6% of respondents picking it.
