Cyber incidents are now the No. 1 business risk facing corporations, moving to the top of insurer Allianz’s annual list, which also showed climate change reaching its highest ranking.
According to the Allianz Risk Barometer for 2020, 39% of respondents to its ninth annual survey of risk experts identified cyber incidents as their main concern, pushing business interruption events (37%) out of the top spot it had occupied for seven years.
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