A report from Chubb found that cybersecurity threats, particularly those caused by malicious AI manipulation, are the top concern for business growth among executives surveyed in a Harris Poll of 500 risk decision-making leaders. Cyber breaches and data leaks were cited as a major concern by 40% of respondents, surpassing other risks such as accidents and regulations. The report also found that cybersecurity is the leading geopolitical risk, with 60% of executives citing it as a concern. Chubb's "Risk Decisions 360°" report suggests that businesses are taking steps to mitigate these risks, with 86% having or planning to adopt business interruption coverage for events like cyberattacks and natural disasters. However, many executives feel their companies are not effective at managing emerging and evolving risks, with over a third believing they need to improve in this area.
https://www.prnewswire.com/news-releases/chubb-report-reveals-cybersecurity-as-leading-risk-threatening-business-growth-with-technology-disruption-following-closely-behind-302342438.html