Cyber Risks are the Top Concern Among Businesses of all Sizes

GlobalDots
1 Min read

Cyber risks are the top concern among businesses of all sizes for the first time since the Travelers Companies’ survey began in 2014.

Of the 1,200 business leaders who participated in the survey, 55% said they worry some or a great deal about cyber risks, ahead of medical cost inflation (54%), employee benefit costs (53%), the ability to attract and retain talent (46%) and legal liability (44%).

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As concerns about cyber threats have grown, a higher percentage of businesses across nearly every industry reported taking proactive measures to safeguard against cyber risks — although a sizable percentage have not implemented such preventive best practices.

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Read more: Help Net Security 

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