- Only 17% of risk managers were “extremely confident” that their BI values and limits are adequate;
- 58% of risk managers who have been through a claim said that “difficulty quantifying loss” was the biggest challenge they faced;
- 39% of risk managers indicated that their existing BI policy provides either insufficient or no coverage for cyberrisk. 10% were unsure whether the policy covered cyberrisk.
As the preeminent organization dedicated to promoting the profession of risk management, RIMS, the risk management society®, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS is committed to advancing risk management capabilities for organizational success, bringing networking, professional development and education opportunities to its membership of more than 10,000 risk management professionals who are located in more than 60 countries. For more information on RIMS, visit www.RIMS.org.