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Cybersecurity Risks Surge for Mid-Market Firms, CEOs Report

Cybersecurity Risks Surge for Mid-Market Firms, CEOs Report

First seen 13 Nov 2026, 19:14 UTC • •
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ThreatCluster AI
ThreatCluster •November 13, 2026 at 19:15 UTC
  • •Over 90% of mid-market firms experienced disruptions, primarily from cyber incidents.
  • •70% of businesses cite cybersecurity as their top risk, with phishing being the most common attack vector.
  • •31% of global CEOs identify cyber and data security as the leading growth risk in the next three years.

A recent Chubb report indicates that over 90% of mid-market firms in the UK and Ireland faced disruptions, with cybersecurity being the top concern for 70% of businesses. Phishing and business email compromise were the most reported cyber incidents. Despite these challenges, 97% of firms plan to launch new products, and 89% expect workforce growth. However, only 36% have a regularly reviewed cyber policy. Meanwhile, a KPMG report highlights that 31% of global CEOs see cyber and data security as the leading growth risk over the next three years, with significant investments in cyber resilience and AI integration. The reports emphasize the need for better preparedness and tailored insurance solutions as firms expand internationally.

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Timeline

2026-11-12
Chubb report on mid-market firms released
Chubb's 2026 Middle Market Risk Radar reveals that over 90% of firms faced disruptions, with cybersecurity as the top concern.
Insurancebusinessmag
2026-11-13
KPMG report on global CEOs published
KPMG's 2026 Global CEO Outlook shows 31% of CEOs view cyber and data security as the biggest growth risk over the next three years.
Globallegalpost

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Common questions

What types of cyber incidents are most common?
Phishing and business email compromise are the most frequently reported cyber incidents among mid-market firms.
How many firms have a tailored cyber policy?
Only 36% of surveyed businesses reported having a cyber policy that is regularly reviewed and tailored to their risks.
What growth plans do mid-market firms have despite disruptions?
97% of mid-market firms plan to launch new products or services in the next 12 months.