Cyber risk insurances for Italian businesses 2018-2019, by category

Published by Statista Research Department, Nov 1, 2024
While the cyber insurance market is still under development in Italy, 19 percent of respondents state that their business has chosen an insurance entirely dedicated to cyber risks in 2019. With 37 percent, the largest share of respondents is still evaluating insurance policies. Insurances covering cyber risks can be effectively implemented in a risk management process that seeks to diminish an organization's risk of financial loss or reputation damage from a malfunctioning of its information system. Therefore, cyber risk management is an important pillar of a company's overall strategy.

Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category

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Release date

July 2020

Region

Italy

Survey time period

2019

Number of respondents

180 respondents

Special properties

CISO, CSO, CIO, compliance managers, risk managers, DPOs

Method of interview

Face-to-face interview, online survey

Supplementary notes

Respondents represent 180 large organizations (more than 249 staff).

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