The annual Allianz Risk Barometer identifies the top corporate perils, and potential responses, for 2017, based on the insight of more than 1,200 risk experts from 50+ countries. We have taken the most important risks for businesses in the UK as identified by those surveyed in the UK.
Cyber incidents, business interruption and macroeconomic developments have been identified as the top three risks by the majority of UK risk experts surveyed. Cyber incidents takes the top spot the second year running. The threat now goes far beyond hacking and privacy and data breaches and the toughening of data protection regulation is contributing to this risk being at the forefront of risk experts minds, as penalties for non-compliance will be more severe.
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