European businesses fall behind in cyber incident recovery confidence – Beazley
Europe fell behind the rest of the world when it came to cyber incident recovery confidence with its rate of 75% a touch lower than the 78% global average, Beazley has reported.
In its Risk and Resilience: Cyber Threat and Tech Advances 2026 report, based on a survey of 3,500 global business leaders, USA and Asia led the charge with 83% of businesses confident they could fully recover from the financial impact of a cyber attack.
Some 38% of European businesses cited cyber-attacks as a top three concern, slightly higher than the 37% global average.
What stands out in this year’s risk and resilience survey findings is a growing misalignment between cyber and tech risk
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
JMG eyes £1bn GWP as it hits £500m
JMG Group has achieved £500m gross written premium during the financial year, setting it sights on hitting £1bn GWP within five years.
Wholesaler Ceta adds renewal hub to portal
Ceta has launched a renewal hub for property business on its Infinity Portal as it labelled renewals “the single biggest revenue battleground” for any intermediary in a softening market.
Biba 2026 Countdown: QBE’s Janine Bowler
Janine Bowler, Manchester interim head of trading at QBE, recommends Salut wine bar for an external catch up and is looking forward to the buzz when the event opens on Wednesday 13 May.
Qlaims adds household loss recovery insurance on Acturis
Managing general agent Qlaims has launched household loss recovery insurance on Acturis, in a move it claimed gives brokers easy access to its product.
HNW broker sets out growth plan as MD reaches 25-year anniversary
Family-led broker Lumley Insurance has unveiled a growth plan to enter a new phase of development as it marks 25 years of managing director John Lumley at the helm.
Adrian Flux renews deal with partner of 22 years
Top 100 UK broker Adrian Flux has renewed with its premium finance provider of 22 years.
Jensten recruits Swindle from Ardonagh-owned Geo
Jensten has swooped for Geo Underwriting CEO Jaime Swindle as its new CEO of product and distribution.
Canopius launches cyber war product to cover against state-sponsored attacks
Canopius Group has launched a cyber war product, offering businesses dedicated protection against the escalating threat of cyber war.