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Survey: 90% of businesses hacked at least once in 2015

Nine out of 10 risk managers reported that their companies had a data breach last year, but many still don't have Cyber coverage.

By Rosalie L. Donlon | Updated on May 18, 2016

For risk managers — indeed for most businesses — among the most disturbing words they can hear are “We’ve been hacked.”

What was once something to fear for only large businesses is now an issue for the majority, according to a survey of business risk managers released May 17 by the Connecticut-based specialty insurer Hartford Steam Boiler Inspection and Insurance Co., which is owned by Germany-based reinsurer Munich Re.

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