Allianz Risk Barometer 2022: Cyber perils outrank Covid-19 and broken supply chains as top business risk globally and in Asia Pacific

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  • 11th Allianz survey: Cyber, business interruption and natural disasters are the top three business risks globally in 2022. Cyber ranks top Asia Pacific risk for the third consecutive year
  • Pandemic outbreak drops from second to fourth position as majority of companies are less concerned and feel adequately prepared for future outbreaks
  • Natural catastrophes and Climate change rise significantly in the annual rankings as extreme weather events and transition risks mount
  • AGCS CEO Joachim Mueller: “‘Business interrupted’ will likely remain the key underlying risk theme for this year. Building resilience is becoming a competitive advantage for companies.”

JOHANNESBURG/LONDON/MUNICH/NEW YORK/PARIS/SAO PAULO/SINGAPORE – Media OutReach – 18 January 2022 – Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. The threat of ransomware attacks, data breaches or major IT outages worries companies even more than business and supply chain disruption, natural disasters or the Covid-19 pandemic, all of which have heavily affected firms in the past year.