Beazley warns of cyber risk complacency
There is growing concern about complacency around active cyber risk management and maintaining resilience to cyber threats. Read the blog to gain insight on the factors fueling these concerns.
What is the current state of cyber risk perception?
According to Beazley's latest research, cyber risk remains a primary concern for technology leaders, with 28% of UK and US respondents identifying it as their top risk in 2022. However, this marks an 18% decrease from 34% in 2021, indicating a shift in perception.
Are businesses becoming complacent about cyber resilience?
The report highlights that over 41% of business leaders in the UK and US feel 'very prepared' to tackle cyber threats, despite a slight decrease from the previous year. This may indicate a level of overconfidence, especially as many leaders are distracted by the current geopolitical landscape.
What are the emerging risks in technology?
The report shows a significant rise in concern for intellectual property (IP) risk, which has increased by 107% since 2021. Additionally, technology obsolescence has become a top concern for 27% of business leaders, suggesting a need for improved risk management strategies in these areas.
Beazley warns of cyber risk complacency
published by Alpha Technologies Inc.
Alpha Technologies is a service-disabled veteran owned small business headquartered in Hurricane, WV with a global datacenter located in South Charleston, WV. We are a business technology focused company. Guided by integrity, Alpha’s team of expert’s craft reliable and secure IT solutions with the same goals every time: to be the technology solutions provider of choice to WV & beyond, while providing professional, high-quality IT products & solutions to our clients through collaborative relationships.
Our comprehensive offerings allow clients to focus on growing their business while we manage their technology. To stay ahead of the ever-changing market, Alpha has aligned its core business model with what our clients need most: fast and more secure ways of handling business communications, data storage, data security, and fail-safe backup systems.
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