Managing the impact of increasing interconnectivity : trends in cyber risk

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<subTitle>: trends in cyber risk</subTitle>
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<publisher>Allianz Global Corporate & Specialty</publisher>
<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">Just seven years ago cyber risk ranked as low at 15th in the Allianz Risk Barometer, an annual survey in which more than 2,700 risk experts from 100 countries identify the top threats for companies for the next 12 months and beyond. Today, it ranks either near or at the top of seemingly every risk poll conducted. In the intervening years both knowledge of the threats posed to businesses by cyber and the number of related claims or losses have increased significantly. At the same time, businesses and their insurers now have to deal with a fast-changing, ever-evolving risk landscape, which has been further exacerbated by the outbreak of the coronavirus pandemic.</abstract>
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