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(1/01) The Cyber Confidence Gap –Risk Management Magazine

By Joanne Kaldy / January 1, 2019

According to the 2018 Travelers Risk Index, cyber risks are one of the greatest concerns among businesses of all sizes in all industries. Although 91% of respondents expressed confidence that their companies had implemented best practices to avoid a cyber event, over half (55%) said they hadn’t completed a cyber risk assessment for their business, and 63% hadn’t assessed vendors with access to their data. About two-thirds of respondents said they haven’t developed a business continuity plan, and about half said they haven’t purchased cyber insurance. Read the full article.

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