SCHAUMBURG, Ill., Oct. 27, 2021 /PRNewswire/ — Zurich North America and Advisen Ltd. have released the 11th Annual Information Security and Cyber Risk Management Survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. This year’s survey features the highest percentage of cyber insurance buyers since the beginning of the survey 11 years ago with 83 percent of respondents carrying some level of cyber insurance. The survey results indicate that risk professionals are increasingly aware of their intensifying cyber risks and the need to manage them using risk mitigation and risk transfer. However, a deeper dive into the numbers found that there is much room for improvement in building cyber resilience.
- Sixty-five percent of respondents have invested in cyber security solutions to mitigate risk, which means that 35 percent of respondents still have not.
“At Zurich, we have been advocating for increased cyber resilience among businesses for years so seeing a continued increase in take up rate and strengthening risk mitigation efforts is very encouraging,” said Michelle Chia, Head of Professional…
