Cyber risk tops the list as businesses seek greater resilience: new Marsh business risk report reveals shift in priorities
London, UK (May 11, 2026) – According to a new report by Marsh Risk, a business of Marsh, and the world’s leading insurance broker and risk advisor, cyber risk is, for the first time, the top concern among UK business leaders. It is cited as the leading concern for 46% of business leaders, up three percentage points from 2024, and up from 20% in 2023. Marsh Risk’s UK Business Risk Report – which surveyed more than 2,000 business leaders, from sole traders to businesses of with over 250 employees across the UK – provides industry level insight and practical recommendations to help organizations prioritize actions, allocate capital and engage with insurers more effectively. The report underscores the need for businesses to adopt flexible risk management approaches that can adapt as threats evolve and interact across domains. The top risks include cyber threats (46%); economic and financial (44%); compliance, legal and regulatory (40%); and people (39%). According to the report, high profile attacks, greater digitalization and supply chain vulnerabilities have elevated cyber risk to board level, due to widespread operational disruption, potential regulatory exposure and reputational harm. Respondents also highlighted the growing interconnectedness of threats, signalling a move by organizations to...