The threat of cyber attacks has become a top concern among insurance corporate executives, a new survey reveals.
American International Group (AIG) conducted a survey of 323 risk managers, IT decision makers, C-suite executives and brokers in the U.S. and Canada who are involved in the insurance industry in some capacity.
The survey found that, of the 258 corporate executives polled, 85 percent said that they were 'very or somewhat' concerned about cyber risks to their organizations. Interestingly, in the current environment of diminished returns and slow growth, executives were more concerned with cyber threats than income loss, property damage and securities and investment risk.
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