Many organizations said they plan to increase risk management staff this year to help deal with the challenges. (Credit: KingStock/Adobe Stock)
Insurance chief risk officers are increasingly concerned about cyber threats, according to the second annual EY/IIF global insurance risk management survey.
Among survey respondents, 66% said cyber threats are going to require the most attention over the next 12 months, up 53% from last year. “That increase can be attributed, to some extent, to increasing geopolitical risk, which presents the threat of more intense cyber attacks in the eyes of many CROs,” the report said.
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Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
