Few organizations are highly confident in their ability to manage the risk of a cyber-attack, despite viewing cybersecurity as a top risk management priority, according to a new global survey conducted by Marsh, a global leader in insurance broking and innovative risk management solutions, and Microsoft Corp., the leading platform and productivity company for the mobile-first, cloud-first world.
In the global survey of more than 1,300 senior executives, two-thirds ranked cybersecurity among their organizations’ top five risk management priorities – approximately double the response to a similar question Marsh asked in 2016.
The survey also found that a vast majority – 75 percent – identified business interruption as the cyber loss scenario with the greatest potential to impact their organization. This compares to 55 percent who cited breach of customer information, which has historically been the focus for organizations.
Despite this growing awareness and rising concern, only 19 percent of respondents said they are highly…
