Threat of Cyber Attack Is Biggest Fear for Businesses: Survey

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The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries.
After cyber attacks, the threat of a data breach ranked second among global business fears, while an unplanned IT and telecom outage was third.
?Politics too has been a dominant topic this year, certainly more than in the recent past.
?The study comes as governments and businesses seek to strengthen resilience to cyber attacks.
The number one issue for executives working in business continuity and resilience is the threat from hackers, with 88 percent of companies included in the survey saying they are ?extremely concerned? or ?concerned? at the risk.
For the first time in the study?s six-year history, uncertainty related to ?new laws and regulations? -- arising from political change -- entered the list of top 10 business continuity concerns.

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