2023 Aon survey ranks cyber attack/data breach as top business risk for financial institutions, with 60% having response plans, down from 65% in 2021.
Aon's 2023 Global Risk Management Survey reveals cyber attack/data breach as the top business risk for financial institutions, followed by regulatory/legislative changes and economic slowdown/slow recovery. Despite the risks, only 60% of financial institutions have response plans, down from 65% in 2021. The industry experienced a 26% average loss of income from top risks, down 8% from 2021.
May 16, 2024
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