cyber risk is a top concern for companies · 2017-05-29 · attacks on plant, property and...
TRANSCRIPT
Companies’ readinessto manage cyber risk decreased from 82% to 79%
3%
BUT ARE YOU READY?
CYBER RISK IS A TOP CONCERN FOR COMPANIES
ORGANIZATIONS NEED A PLAN to assess, test, improve, quantify, transfer, and respond to cyber risk.
47%
strozfriedberg.com / ©2017 Stroz Friedberg. All rights reserved.
4x
23% 33%
Global businesses rank cyber in the list of most concerningrisks up from #9 two years ago #5 Businesses
rank cyber as the#1
Attacks on cyber assets
cause72%
more insurance is being spent on property related risks than cyber risk
of companies employ financial quantification in their cyber risk assessment
of companies are transferring greater risk to the commercial insurance market
OF COMPANIES HAVE NOT ADOPTED CYBER RISK ASSESSMENTS
than plant, property and equipment assets
MORE
63%OF COMPANIES
14%
MORE
RIS
Kthat su�ered a data breach in the last 2 yearsare now more concerned about their cyber liability
The ANNUAL AVERAGE COST of a CYBER INCIDENT in 2016 rose to
65%OF COMPANIESsee their cyber risk exposure increasing
Loss of income from cyber incidents has increased from
Businesses value cyber assets
8% TO 10%years
over thenext
2
$9.5 Million
in North Americawhere mostattacks happen
business disruption than attacks on plant, propertyand equipment assets
Aon Global Risk Management Survey 2017, April 24, 2017.2017 Cyber Risk Transfer Comparison Global Report, Ponemon Institute, April 25, 2017.