The growing use of technology and rapid advances in artificial intelligence (AI) has pushed cyber risk to the top of the agenda for UK corporates, according to new research published by broker Marsh yesterday (11 May 2026).
The firm’s UK Business Risk Report – which surveyed 2,000 UK business leaders, encompassing sole traders to organisations with over 250 staff – found that, for the first time, cyber risk is the top concern among UK business leaders.
It was cited as the leading concern for 46% of respondents – up three percentage points from 2024’s report and up from 20% compared to 2023’s edition.
Following cyber threats, respondents identified economic and financial (44%), compliance, legal and regulatory (40%), as well as people (39%) risks as other leading risk management priorities.
During a media briefing held on 11 May 2026, to coincide with the launch of London Risk Week, Alistair Brighton – chief executive for corporate and commercial UK at Marsh – noted that while the pace of technological change was the primary concern for UK business leadership, the broker’s report also found a growing interconnection between respondents’ major risks,…
