Security Software & Equipment Store

Wednesday, August 26, 2015

Business Risk Survey 2015 Results - Healthcare Costs and Cyber Security Top Threats

A national survey found that even though business leaders perceive that they are taking the adequate measures to protect their organizations, in reality they’re falling short of doing what’s necessary to mitigate the risk associated with these potential threats. “In the modern-day business environment where everything is interconnected, the potential threats facing a business are immense,” said Ken Ewell, President and COO of The Graham Company. “This complexity of risks has caused many business leaders to become overwhelmed and unknowingly expose their businesses to risks that threaten their bottom line.”

When asked to consider the single biggest risk facing organizations, business leaders’ opinions varied, but cyber security had the highest proportion with 21% of respondents naming it as the number one risk they were most concerned about. Tied for the second greatest risk was professional liability (i.e., employee errors and omissions) and legal liability issues (16%), followed by healthcare costs (14%). Share your comments here at the Cloud and Cyber Security Center.

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