COTD: More than 20% of executives cite cybersecurity as greatest threat

However, executives are feeling more confident in their ability to counter them.

More than two in 10 (26%) executives cited cybersecurity as their greatest threat, up from 24% in 2024, according to a Beazly report.

However, executives are feeling more confident in their ability to counter them as perceived resilience against cyber threats has risen from 83% in 2024 to 87% this year.

“This may indicate a false sense of security, as many organisations still lack the sustained vigilance required for genuine preparedness,” Beazely said.

Moreover, 85% believe artificial intelligence will positively impact their company's economic prospects this year.

Meanwhile, 68% anticipate AI will replace jobs within their company in the next 18 months.

Businesses are increasingly concerned about intellectual property, data privacy risks, and new regulations. However, worries about tech obsolescence have slightly decreased from 29% in 2024 to 26% this year.