Cyber threats top concerns for UK investors, business leaders

A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. REUTERS/Kacper Pempel/Illustration/Files

Investors and chief executives say cyberattacks pose the greatest threat to businesses operating in the UK, outweighing other material risks including populism, trade protectionism and over-regulation, according to PricewaterhouseCoopers LLP. 

An annual survey carried out by the accountancy firm shows that investors and business leaders share a mutual concern over the impact of cyberattacks, even as their views diverge on other threats facing British firms, PwC said on Monday. UK investors approached by PwC also flagged technological change as a top risk, while CEOs placed higher emphasis on excessive regulation and skills shortages, the company said.