Cyber named in top five business risks for first time: Allianz

Following a string of cyber attacks in 2014, businesses have named
cyber crime as one of its top five risks for the first time,
according to new research from Allianz Global Corporate &
Specialty (AGCS).
The carrier's fourth annual Risk Barometer report found that
cyber crime was now the third biggest peril, up from 15th in 2013
and 8th last year.
Data from AGCS showed that cyber attacks were increasing, both
in number and sophistication. On average the damage caused...