Industry underestimating risk of cybercrime, forum hears

Cyber crime key on keyboard

Only 42% of chief risk officers are concerned about electronic communications risk and information security, according to a survey carried out by insurer Zurich and the Harvard Business Review. The survey of 1,400 chief risk officers ranked information security last out of a list of 10 significant risks. However, Tom Richardson, head of customer relationship management at Zurich Global Corporate UK, told the Federation of European Risk Management Associations (Ferma) forum in Stockholm

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