The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while plummeting in Taiwan, two of the biggest changes in cyber risk in the 2018 FM Global Resilience Index.
The index—an annual ranking of 130 countries and territories by the resilience of their business environments—is an online, interactive resource to help global executives plan where to do business. Cyber risk is one of 12 drivers determining the index’s overall resilience rankings.
Switzerland again holds the top spot in overall resilience in the index, followed by Luxembourg and Sweden—all the same as last year. Haiti is the bottom-ranked country followed by Venezuela and Nepal—also the same order as last year.
“Our mission is to give global business executives powerful intelligence to support their decisions about where to site facilities, what partners to select, and how to manage their risks,” said Thomas A. Lawson, chairman and chief executive officer at FM Global, one of the world’s largest commercial and industrial property insurers….
