What businesses in South Africa are most worried about in 2022 (BT)

Cyber incidents, business interruption and critical infrastructure blackouts are the top three business risks in South Africa in 2022, according to the Allianz Risk Barometer 2022. However, the country is not alone in this worry, as cyber perils are also the biggest concern for companies globally. The threats of ransomware attacks, data breaches or major IT outages worry companies even more than business and supply chain disruption, natural disasters or the Covid-19 pandemic – all of which have heavily affected firms in the past year, the risk assessment firm said. Globally, cyber incidents top the Allianz Risk Barometer for only the second time in the survey’s history (44% of responses); business interruption drops to a close second (42%) and natural catastrophes rank third (25%), up from sixth in 2021. Click here to read full article