Findings
Only Half of Ransomware Payouts Result in Data Recovery
Only half of those who paid ransoms confirmed successfully recovering their data, while the other half saw complete data loss.
Assessing Cyber Readiness
Hiscox found 73% of companies are not adequately prepared to face a cyberattack.
M&A Growth Consistent in 2018
Despite large recent acquisitions, M&A activity is expected to largely comprise smaller transactions in 2018.
Global Fraud Incidents on the Rise
As incidents continue to rise, the lines between forms of fraud are increasingly blurred.
Reputation Risk Losses Set to Spike?
Stock market conditions may leave companies poised for steep losses resulting from reputation crises in 2018.
Gone Phishing
More than three-quarters of organizations experienced a phishing attack in 2017.
Preventing Employee Lawsuits
Employee lawsuits cost companies an average of $160,000 for cases that result in a defense and settlement payment.
Insurers to Pay Record $135 Billion for 2017 Disasters
The final tally of insured and economic losses from a disaster-packed 2017.
Risk Management Pay on the Rise
Risk management professionals in the United States saw a 3.5% average increase in their base salary last year.
ERM Benchmarks
Adoption and advancement of enterprise risk management programs are on the rise, but considerable room for improvement remains.
The Rise of Intangible Assets
Businesses are shifting from a focus on tangible assets to intangible assets.
Cyberrisk, Talent Pose Top Risks for Financial Services
Risk management is gaining prominence in the financial services industry, where boards are devoting more time to oversight.
Cybercrime Costs Businesses $11.7 Million Per Year
The annual costs of cybercrime, number of breaches, and mitigation time to resolve them are all on the rise.
Improving Water Risk Management
Businesses in the food industry are becoming more aware of their usage and management of water.
Alternative Energy Strategies
Businesses in the United States are getting serious about energy resource management programs.