X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Do you remember that old Avis commercial about which company was the No. 1 car rental company? Avis used the slogan, “We’re No. 2, but we try harder.” You might say that about cyber risk and hackers, too: Cyber risk is the second biggest concern for U.S. businesses, according to the second annual Travelers Business Risk Index. But hackers are trying harder to breach data security and obtain private information, which could see the risk rise to No. 1 soon.

“The top three concerns are indicative of the ever-evolving risks that pose threats to American businesses,” said Michael Klein, executive vice president and co-president of business insurance at Travelers. “Yet, when it comes to managing risk, businesses are often least prepared for their most worrisome concerns. Fortunately, many of these risks can be mitigated and resources are available to help businesses of any size stay protected.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.