Business leaders concerned about cybersecurity: The Hartford

Cybersecurity and economic trends are top challenges for business leaders, according to The Hartford's 2025 Risk Monitor. 

Anticipating the Risks of Tomorrow: Navigating a World of Change, is based on findings from a February study conducted by The Hartford with responses from business leaders at 400 different midsize to large businesses with revenue greater than $10 million. 

Forty-five percent of respondents said workers' compensation is one of their top insurance concerns, according to the report. 

Seventy-two percent of business leaders said they were very concerned about cybersecurity and cyber incidents. Sixty-two percent cited supply chain disruption as a major risk concern and 61% are concerned with finding and retaining talent.

Other challenges business leaders highlighted include risks to the company's reputation, U.S. politics and the political environment, the role of AI and Gen AI, natural disasters and catastrophes, climate change and geopolitical conflicts.

Patti Harman, editor in chief of Digital Insurance, discusses how to mitigate the risks of ransomware incidents with Dave Cunningham, senior case manager for Alvaka, in a recent Dig In Podcast.