Businesses and consumers agree that cyber risk is a top concern,says the 2016 Travelers Risk Index. According toTravelers Cos., 19% of businesses surveyed cited they“worry a great deal” about cyber, computer and technology risks and databreaches.
However, cyber risks aren't business leaders' number one threat.Other risks on businesses' radars include medical cost inflation,increasing employee benefit costs and a changing workforce.
Travelers worked with Hart Research Associates to survey 1,202 businessowners and decision-makers, including 493 small businesses (2 to 49employees), 453 midsize businesses (50 to 999 employees) and 256large businesses (1,000-plus employees).
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