Industry News: Cyber

Allianz Risk Barometer 2023: Cyber and Business Interruption Top Threats as Economic and Energy Risks Rise

Written by Cybersecurity | Jan 20, 2023 9:03:41 PM

2023-01-17

Business Wire: It is both stability and change in the Allianz Risk Barometer 2023Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). However, it is Macroeconomic developments such as inflation, financial market volatility and a looming recession (up from #10 to #3 year-on-year), as well as the impact of the Energy crisis (a new entry at #4) which are the top risers in this year’s list of global business risks, as the economic and political consequences of the world in the aftermath of Covid-19 and the Ukraine war take hold.

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