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A report by the U.K. Business Continuity Institute has revealed that cyber attack continues to be the top threat for businesses in 2016, reports AZ Big Media.
The report said that about 85% of the Business Continuity Managers named cyber attack as the top threat to the continuity of their businesses.
The second biggest threat to business continuity is data breach.
The top five threats also included unplanned IT & telecom outages, act of terrorism and security incident.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms