Cyber risks and reputational damage are an increasing concern for small and medium-sized enterprises (SMEs), according to Zurich Insurance Group’s third annual SME survey.
The survey, which polled 2,600 C-suite executives and managers at SMEs across 13 countries in Europe, the Americas and Asia Pacific, revealed that the number of respondents worried about cyber crime has increased by 7 percent since the survey began in 2013.
It also found that the number of respondents worried about reputational damage has increased by 6 percent from three years ago.?