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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Osservatori Digital Innovation. (July 14, 2020). Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/
Osservatori Digital Innovation. "Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category." Chart. July 14, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/
Osservatori Digital Innovation. (2020). Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/
Osservatori Digital Innovation. "Adoption of Cyber Risk Insurance Policies by Businesses in Italy from 2018 to 2019, by Category." Statista, Statista Inc., 14 Jul 2020, https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/
Osservatori Digital Innovation, Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category Statista, https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/ (last visited August 24, 2024)
Adoption of cyber risk insurance policies by businesses in Italy from 2018 to 2019, by category [Graph], Osservatori Digital Innovation, July 14, 2020. [Online]. Available: https://www.statista.com/statistics/1200265/italy-cyber-risk-insurance-business/