According to a recent survey conducted by Allianz in their annual Risk Barometer, the top perils to corporations are cyber incidents along with business interruption events.  In addition, workforce skill shortages and legislative/regulatory changes rank as key concerns.

 

Business interruption, via a cyber incident, is the biggest cause of economic loss.  

 

To protect your business, cyber liability and business interruption insurance should be required products in your business insurance portfolio.