The unseen toll of a hack: Exploring the ripple effects of cybercrime

This year has seen big changes in how businesses handle cyber risks. As artificial intelligence keeps improving rapidly, companies are finding new ways to work and facing tougher cyberattacks. A recent study by Beazley, involving 3,500 business leaders worldwide, shows that concern about cyber threats is growing. Nearly 30% of those surveyed said cyber risk is their top worry, up from 26% last year. Interestingly, more leaders also feel better prepared to handle these threats, with confidence rising from 75% to 83%.

But this mix of rising worry and confidence might be misleading. The cyber threat landscape is more unpredictable than ever, as recent attacks on major retailers have shown. Many businesses still don’t fully understand how serious and long-lasting the effects of a cyberattack can be. This puts them at greater risk of falling victim to fast-changing online dangers.

To help companies better understand what happens when cyberattacks hit—from the immediate chaos to the lasting legal and reputation problems—Beazley is hosting a new webinar called “Cyber from the frontline to the boardroom: The ripple effect of an attack.” The event will feature experts like Patrick Whalen, Craig Linton, Katherine Heaton, and Francisco Donoso. They will talk about the real impact of attacks, how to deal with cybercriminals, risks that last long after an attack, and how insurance can help before, during, and after.

Beazley stresses that business leaders need to learn more about the current threat environment. This includes understanding the activities of hackers, threats from nation-state actions, and risks linked to third-party suppliers. Their goal is to help businesses get ready for the cyber challenges that 2026 will bring by sharing knowledge and training.

If you work in cyber risk or are interested in staying ahead of cybercrime, you can join Beazley’s upcoming webinar by registering online. It’s a chance to gain practical insights and avoid being caught off guard by the growing cyber threats facing companies today.

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