Slightly more than a quarter of survey respondents said they had a cyber incident and around half of those events occurred in the past 12 months, Travelers Insurance reported. Among companies that have been victims, 71% reported having more than one incident. (Credit: nevodka.com/Adobe Stock) Slightly more than a quarter of survey respondents said they had a cyber incident and around half of those events occurred in the past 12 months, Travelers Insurance reported. Among companies that have been victims, 71% reported having more than one incident. (Credit: nevodka.com/Adobe Stock)

For the third time in four years, cyber risks ranked as the overall top cause of stress for business leaders, according to the 2022 Travelers Risk Index, which also found that nearly 60% think it is inevitable that their organization will be hit by a cyberattack.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Information Security
E&S/Specialty