Cyberattacks top the list of business risks, with 40% of business executives listing them as a serious risk (and 38% citing them as a moderate risk), according to a survey of more than 700 U.S. executives by PricewaterhouseCoopers (PwC). In its latest Pulse Survey, PwC identified top enterprise risks observed in 2022.
In addition, 51% of board members have cited cybersecurity as a serious risk (and 35% as a moderate risk). Cybersecurity is now a significant responsibility for the entire C-suite and board as more federal agencies aim to enhance and standardize cybersecurity disclosures.