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Sixth annual Advisen information security and cyber risk management survey

October 26, 2016

Growing cyberthreats spur increased concern, evolving risk strategies by businesses

Senior Vice President, Head of Specialty Products E&O

Erica Davis is Senior Vice President and Head of Specialty Products Errors & Omissions at Zurich.... About this expert

advisen report

As the cyberthreat landscape continues to evolve, companies across all industries find themselves increasingly vulnerable to potential harm from a new breed of cybercriminal.

How are businesses responding to these emerging security threats? What risk strategies are they employing to protect themselves and their customers?

To find answers to these questions and more, Zurich North America and Advisen present their sixth annual survey on the current state of and trends in information security and cyber risk management. The aggregate data we’ve collected since our first study in 2011 allows us to capture the evolving business strategies and perceptions related to cybersecurity.

Our 2016 findings reveal some marked shifts in approach by the risk professionals, executives and board members we surveyed. This year’s study also takes a deeper dive into the data to reveal new insights, including:

  • Identifying the key industries more likely to purchase security and privacy insurance and engage in risk-management activities
  • How changing attitudes are affecting the cybersecurity roles of IT and legal services
  • The varying dependence on internal vs. external resources for pre- and post-breach situations

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