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 of top 7 perceived risks for 2015 — still, few business feel prepared to manage the risk.

Cyber risks chart from 2015 Business Risk IndexCyber risks chart from 2015 Business Risk Index

 

Cyber risks sankey from 2015 Business Risk IndexCyber risks sankey from 2015 Business Risk Index

     

Cyber comparison chart from 2015 Business Risk IndexCyber comparison chart from 2015 Business Risk Index

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.

Weather risks chart from 2015 Business Risk IndexWeather risks chart from 2015 Business Risk Index

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.

Risk mitigation chart from 2015 Business Risk IndexRisk mitigation chart from 2015 Business Risk Index

U.S. businesses take a personal approach to risk mitigation, most often seeking advice from their insurance agent, broker, risk control specialist, and peers.

Risk mitigation advice chart from 2015 Business Risk IndexRisk mitigation advice chart from 2015 Business Risk Index