This statistic shows the average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss. The average cost of claims caused by system glitches made by large companies amounted to 80 million U.S. dollars.
Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss
(in 1,000 U.S. dollars)
Characteristic
Cost in thousand U.S. dollars
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All incidents reported took place between 2015 and 2018, and the targeted organization had some form of cyber or privacy liability coverage.
A small number of claims were from Canada, the United Kingdom, Australia, Germany, Ireland, South Africa, and organizations with a global footprint.
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NetDiligence. (November 17, 2020). Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/
NetDiligence. "Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss (in 1,000 U.S. dollars)." Chart. November 17, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/
NetDiligence. (2020). Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/
NetDiligence. "Average Costs of Cyber Insurance Claims Made by Large Companies in North America from 2015 to 2018, by Cause of Loss (in 1,000 U.S. Dollars)." Statista, Statista Inc., 17 Nov 2020, https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/
NetDiligence, Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/ (last visited July 22, 2024)
Average costs of cyber insurance claims made by large companies in North America from 2015 to 2018, by cause of loss (in 1,000 U.S. dollars) [Graph], NetDiligence, November 17, 2020. [Online]. Available: https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/
