The top risks Currently facing UK businesses

24 November 2020

From a recent survey conducted by The World Economic Forum (WEF), it has been suggested that cyberattacks are the top risk facing businesses today. Cybercrime also ranked as the top risk in 2019, which tells us that this concern is only growing each year for business owners and operators. Within the WEF study, 12,000 business leaders from 127 different countries determined the ‘five global risks’ that they believe to be of most concern for the commercial world over the next ten years.

From these results, here are the top five risks identified for UK businesses in 2020:

  1. Cyber attacks
  2. Fiscal crises
  3. Extreme weather
  4. Spread of infectious disease
  5. Climate change