Business interruption and supply chain top the 2015 Risk Barometer, the fourth produced by Allianz based on a poll of more than 500 risk managers in 47 countries. That’s followed by “traditional” risks of natural catastrophes, and fire and explosions.
But cyber crime, data breaches and other and IT failures are swiftly moving up the list compared to previous years — cracking the top 5 for the first time. That’s, in part, due to increased awareness, unfortunately coupled with issues like budgetary restraints.
The top 10 global business risks for 2015:
- Business interruption and supply chain (45%)
- Natural catastrophes (30%)
- Fire/explosion (27%)
- Changes in legislation/regulation (18%)
- Cybercrime, IT failures, espionage, and data breaches (17%)
- Loss of reputation/brand value (16%)
- Market stagnation/decline (15%)
- Intensified competition (13%)
- Political/social upheaval, war (11%)
- Theft, fraud, and corruption (9%)
Click here to view the PDF, which includes a global map detailing top-ranked risks by region.
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