Allianz Risk Barometer shows increasing Cybercrime concern among businesses

The survey is based on the insights of 2650 risk management experts from 89 countries. According to the report, cybercrime is the #1 business risk in 2022 worldwide (44% of responses) and the #1 business risk in 2022 in 15 countries. Recent cyber-attacks have shown worrying trends such as ‘double extortion’ tactics, exploiting software vulnerabilities in supply chains or the targeting of physical critical infrastructure. The main driver is the recent surge in ransomware attacks, which are confirmed as the top cyber threat for the year ahead by survey respondents (57%).

Find the full report here.