Cybersecurity is now the second highest risk for global businesses...

According to TechRepublic, cybersecurity incidents are now the second highest risk concern for businesses as per the Allianz Risk Barometer.

Every company—large or small— will be or has been impacted by this issue. Soubra said this risk is "not over-hyped" but has been "underappreciated for a very long time." It's no longer just a risk for companies with large names and no company is too small to be impacted. 

This level of concern is way up from just a few years ago, and reflects better the reality on the ground. People have seen that businesses of all size are at risk, and that the financial impact can be substantial.