Every year the ‘Allianz Risk Barometer’ identifies the most important risks for companies for the next 12 months and beyond. For the 2018 edition, more than 1,900 risk experts from 80 countries around the world have been surveyed about what keeps them awake at night.
Business interruption has been voted the top risk for the past five years in a row. But another risk is constantly on the rise and is threatening companies more than ever: cyber risk. Cyber risks, such as hacker attacks but also technical failures, systems glitches and employee error, have increased significantly in the Allianz Risk Barometer rankings over the past five years.
In 2017, 30 percent of Risk Barometer responses considered cyber risks to be the biggest threat to businesses, ranking it as the third most important global risk. Will it rise to the top position this year?
The new video highlights the most important cyber risk challenges businesses will face in 2018, as identified by the ‘Allianz Risk Barometer 2018’. The report highlighting the latest trends in business risks will be available from mid-January 2018 onwards here. The 2017 results can be downloaded from the AGCS website.
Watch the video on Youtube.