Cyber incidents – business risk number 1
Cyber incidents will remain the largest business risk worldwide in 2024, according to the current Allianz Risk Barometer. This includes data breaches, but especially attacks on critical infrastructure or assets as well as ransomware attacks. The Allianz Risk Barometer puts business interruptions in second place in the survey in Germany. IT now forms the basis for almost all business processes. In the event of a compromise or disruption, all or many areas of the company are directly affected and business interruptions quickly result - which explains their place on the barometer. By classifying cyber risks as the largest business risk, risk assessment gains significant...
