“Most organizations now rank cybersecurity among their highest risk management priorities.” — Marsh’s “Global Cyber Risk Perception Survey”
In February 2018, Marsh and Microsoft released a new report titled “By the Numbers: Global Cyber Risk Perception Survey” based on a survey of over 1,300 risk professionals and other senior executives, including chief executive officers (CEOs), chief financial officers (CFOs), chief technology officers (CTOs), chief risk officers (CROs) and board directors, across 26 industries.
Participants came from organizations located around the globe. More than 30 percent of respondents’ organizations did business in Europe, the U.K. and/or Ireland, North America and Asia. In terms of organization size, their revenues ranged from less than $10 million (about 20 percent) to over $1 billion (over 22 percent).
Cyber Risk Emerges as a Top Priority
In January 2018, a month prior to the report’s publication, the World Economic Forum (WEF) released its “Global Risks Report 2018,” which ranked two technological threats — cyberattacks and data fraud or theft — in the top five global risks by likelihood. The risk of cyberattacks also…
