Artificial Intelligence has taken off and has impacted nearly every industry. With these evolving technologies, new risks emerge. The 2026 Business Owners survey once again looked at a variety of factors related to cyber risk and the advancements of AI and how business owners perceived and mitigated these risks.
- In 2025, 22% of business owners reported making a cyber-insurance related claim.
- Many business owners (68%) are extremely/very concerned that cyber-attacks will affect their business over the next 12 months.
- Unsurprisingly, cyber-attacks are a major worry for business owners. In fact, 44% would like to acquire or expand insurance coverage for cyber-attacks, up from 36% last year.
- Regarding AI, almost all business owners (89%) are at least somewhat worried that the technology will affect their business over the next 12 months, although this number is down from last year (93%), indicating that they may be starting to adopt and see the benefits of AI.
Despite these concerns, business owners plan to continue investing in AI for their business operations in 2026.
