Given cyber crime incidents are now estimated to cost the world economy in excess of $1trn a year [1] – around 1% of global GDP – it perhaps should come as no surprise that cyber risk is the top customer concern in this year’s Allianz Risk Barometer, selected by more than a third of all respondents. In addition to being voted the top risk globally, cyber incidents also ranks as the top peril in 19 different countries. It is the risk small companies are most concerned about, is the cause...
