Key Findings & Charts from the 2015 Business Risk Index
Among the many trends revealed in the 2015 Business Risk Index was increased worry over cyber risks, global conflict, and political instability. We also discovered that while U.S. businesses take many different approaches to managing risk, only half have a written business continuity or disaster recovery plan.
The following charts detail some key findings from our 2015 Business Risk Index.
Several, recent high-profile data breaches have propelled cyber risks from fifth to second place in the list oftop 7 perceived risksfor 2015 — still, few business feel prepared to manage the risk.
After a particularly difficult winter, Northeast businesses are most likely to believe severe, damaging weather events have become more frequent over the past few years.
Prevention measures to prevent physical damage to employees and property are more prevalent than those to protect against cyber risks — even though it is U.S. businesses #2 biggest concern.
U.S. businesses take a personal approach to risk mitigation, most often seeking advice from their insurance agent, broker, risk control specialist, and peers.