Cyber threats rank top concern for businesses worldwide: survey

2022-01-19 08:44:07Xinhua Editor : Zhao Li ECNS App Download

Cyber threats were the biggest concern for businesses worldwide in 2022, leading the forward-looking Allianz risk barometer with 44 percent, German industry insurer Allianz Global Corporate &Specialty (AGCS) said on Tuesday.

Business interruptions dropped to a close second place with 42 percent, according to an annual survey of more than 2,650 risk management experts from 89 countries and territories, including CEOs, risk managers, brokers and insurance professionals.

Potential business interruptions were mostly feared to be caused by cyber incidents, "reflecting the rise in ransomware attacks but also the impact of companies' growing reliance on digitalization and the shift to remote working," according to AGCS, a subsidiary of German insurance giant Allianz.

Natural disasters ranked third and the concern of a pandemic outbreak dropped from second to fourth place as a "majority of companies are less concerned and feel adequately prepared for future outbreaks," AGCS said.

"2021 saw unprecedented levels of disruption, caused by various triggers," said AGCS CEO Joachim Mueller.

"Crippling cyber-attacks, the supply chain impact from many climate change-related weather events, as well as pandemic-related manufacturing problems and transport bottlenecks wreaked havoc," Mueller said. 

Related news


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]