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Tribune News Service
Tribune News Service
Business
Kenneth R. Gosselin

Cyberattacks a top concern across all business sizes, economic uncertainty a close second, new survey shows

Cyberattacks are now so common that the majority of businesses responding to a new survey not only viewed them as their top concern but a majority saw a future attack on their organization as inevitable.

An annual survey of businesses by insurance giant Travelers Cos., which underwrites cybersecurity coverage, ranked cyberattacks as the top concern in an overall environment that was becoming more risky for doing business.

“Cyberattacks can shut down a company for a long period of time or even put it out of business, and it’s imperative that companies have a plan in place to mitigate any associated operational or financial disruptions,” Tim Francis, enterprise cyber lead at Travelers, said, in a release.

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