No matter how much you invest into cybersecurity, your company is never completely safe from hackers and data breaches. Large organizations such as AOL, Home Depot, and Target have all suffered from security and data breaches which compromised millions of customers’ information.
One of the world's largest and oldest insurance companies, Lloyds of London, publishes an annual study ranking the greatest risks in each global city by GDP exposure. These risks range from interstate conflict to hurricanes to market crashes. In recent years, man-made risks have become a greater threat to economic output than natural disasters (59% of GDP risk). Cyber-attacks are rapidly contributing to the increase of the man-made risk exposure.