In a survey conducted in 2020 among enterprises in Japan, 57.6 percent stated that improving the company's trustworthiness was the leading reason for purchasing cyber risk insurance. About 51.8 percent of the respondents stated that it was impossible to completely prevent cyber incidents as a reason for purchasing cyber risk insurance.
Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020
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GIAJ. (December 9, 2020). Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/
GIAJ. "Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020." Chart. December 9, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/
GIAJ. (2020). Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/
GIAJ. "Leading Reasons for Purchasing Cyber Risk Insurance among Companies in Japan as of October 2020." Statista, Statista Inc., 9 Dec 2020, https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/
GIAJ, Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020 Statista, https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/ (last visited July 22, 2024)
Leading reasons for purchasing cyber risk insurance among companies in Japan as of October 2020 [Graph], GIAJ, December 9, 2020. [Online]. Available: https://www.statista.com/statistics/1193747/japan-reasons-for-cyber-risk-insurance-purchase-among-companies/