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Cyber attacks top concern for financial firms: Allianz

Posted On: Apr. 9, 2018 6:13 AM CST

A survey by German insurer Allianz Global Corporate and Specialty S.E. found that 51% of risk experts in the global financial services industry view cyber attacks as their top concern this year, ITWeb.co.za reported. More than 40% of respondents said that business interruption was their second-highest concern. The survey found that 15% of respondents view the impact of new technologies such as increasing interconnectivity, nanotechnology, artificial intelligence, 3D printing and drones as the third-highest risk.

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