The 2018 Travelers Risk Index found cyber risks are the No. 2 concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled. Despite all of this and the fact that 52 percent of respondents believe that suffering a cyber attack is inevitable, a majority of those surveyed reported not taking adequate steps to protect themselves.
In the Travelers’ survey of more than 1,200 business leaders representing a range of industries and company sizes, 55 percent reported that they had not completed a cyber risk assessment for their businesses.
Read more about the findings of the Travelers’ survey on Help Net Security.