The new year is seeing a substantial shift in the risk landscape for businesses. Businesses are becoming less concerned about the impact of traditional industrial risks, such as natural catastrophes or fire, and are becoming more worried about the impact of other disruptive events, fierce competition in their markets and cyber incidents. A recent survey of over 800 risk managers and insurance experts from more than 40 countries revealed that business and supply chain interruption (BI) remains the top risk for businesses globally, for the fourth consecutive year.