Given the evolving security landscape, and the increasing frequency and severity of cyberattacks, many organizations overestimate their cyberpreparedness. As a result, their trusted advisors remain rightfully worried about a range of risks.

In a new survey sponsored by Experian Data Breach Resolution, Advisen surveyed 307 risk managers, insurance brokers and legal experts to better understand what cyber threats had them most concerned. Topping the risk list for 2017: Ransomware (holding the network hostage for extortion), transfer of funds to unauthorized recipient due to phishing or social engineering, and breach of personal or financial information due to phishing or social engineering.

Findings from "The 2017 Cyberrisk Preparedness and Response Survey" showed that while organizations and their support teams generally align on top security threats, they do not agree on businesses' ability to effectively avoid and respond to these threats.