A survey of 1,000 business leaders found that: 1) Cyber risks were ranked as the highest concern but companies felt most prepared to manage them. 2) Disruption risks from failure to innovate were the second highest concern and companies felt less prepared for these risks. 3) Technology risks could be managed best through astute hiring and investments, though resilience varied by industry. 4) Resilience to intellectual property risks was also found to be variable.

1. Technology Risk & Resilience
Alex King
11th November 2021

2. •Our values and priorities are different at
Beazley. Beyond our deep understanding and
expertise in specialist risks, we are defined by
people and a culture that values being bold,
relentlessly striving for better, and doing
what’s right above all else.
2

3. • London
• Birmingham
• Dublin
• Paris
• Barcelona
• Munich
• New York
• Boston
• Farmington
• Chicago
• Philadelphia
• Bloomington (Minneapolis)
• Addison (Dallas)
• Miami
• San Francisco
• Colorado
• Seattle
• Atlanta
• Houston (Texas)
• Los Angeles
• Toronto
• Montreal
• Vancouver
• Singapore
• Rio de Janeiro
3
Global office locations

4. Spotlight on technology risk & resilience
Surveyed 1,000
business leaders across
multiple industries
The Research
1
Technology; Business;
Political & Economic;
and Environmental risks
The Categories
2
Cyber; Disruption; Tech;
IP
The Findings
3
4

5. 5
Why technology risks & how resilient are those surveyed?

6. 6
Cyber

7. 7
Disruption

8. 8
Tech Risk

9. 9
Intellectual Property (IP)

10. 10
• Cyber:
o Highest rank risk, but companies feel most prepared to manage it
• Disruption Risk:
o Failure to innovate and keep pace with new developments is a close second, but businesses feel much less well placed to manage
the risk
• Tech Risk:
o Astute hiring and investments are key to managing this risk; with industries scoring differently depending on the resource allocation
available
• Intellectual Property (IP):
o Resilience is variable
Key Takeaways

11. Beazley Group
22 Bishopsgate
London EC2N 4BQ
United Kingdom
T +44 (0)20 7667 0623
info@beazley.com
Beazley Solutions
International Ltd
1 Rue St Georges, 2nd Floor
Paris
75009
France
T +33 (0)1 7081 5920
beazley.france@beazley.com
Beazley Group
45 Rockefeller Plaza
16th Floor
New York
NY 10111
USA
T +1 (212) 801 7100
usainfo@beazley.com
Beazley Pte Limited
138 Market Street, #03-04
Capita Green
Singapore 048946
T +65 6576 6288
singapore.office@beazley.com
Contact us
11