As of 2021, the average cost of a cyber incident to organizations in the UK was highest in the energy sector, with a median cost of 35,439 U.S. dollars per cyber event. The costs were significantly high in financial services, retail and wholesale, pharma and healthcare, and transport and distribution. The costs were lowest in the travel and leisure industry.
Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry
(in U.S. dollars)
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Median cost in U.S. dollars
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based on a survey of executives, departmental heads, IT managers and other key professionals
Supplementary notes
Drawn from a representative sample of 6,042 organizations across eight countries by size and sector (1,000 plus each from the USA, UK, France and Germany; more than 500 each from Belgium, Spain and The Netherlands; and 300 plus from the Republic of Ireland)
The source adds the following information: "The property, energy, food and drink, travel and leisure sectors in the UK used sample sizes of less than 50, therefore the data for these sectors may not be representative."
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Hiscox. (April 15, 2021). Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/
Hiscox. "Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry (in U.S. dollars)." Chart. April 15, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/
Hiscox. (2021). Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/
Hiscox. "Average Cost of Cyber Incidents to Organizations in The United Kingdom (Uk) as of 2021, by Industry (in U.S. Dollars)." Statista, Statista Inc., 15 Apr 2021, https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/
Hiscox, Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry (in U.S. dollars) Statista, https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/ (last visited July 22, 2024)
Average cost of cyber incidents to organizations in the United Kingdom (UK) as of 2021, by industry (in U.S. dollars) [Graph], Hiscox, April 15, 2021. [Online]. Available: https://www.statista.com/statistics/1245947/cost-of-cyber-attacks-by-industry-uk/
