The statistic presents the reasons for lack of suitable cyber insurance for companies in the United States in 2016. It was found that 34 percent of the U.S. companies who didn't purchase cyber insurance believed that there's an insufficient threat of cyber attacks.
Reasons for lack of suitable cyber insurance for companies in the United States 2016
among companies not able to buy cyber insurance that meets their needs.
Method of interview
Face-to-face interview
Supplementary notes
The survey was conducted among risk managers coming from mainly from large and medium-sized companies, who attended the Risk and Insurance Management Society Conference (RIMS) in San Diego, California in 2016. There were 102 survey respondents in total.
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Munich Re. (May 18, 2016). Reasons for lack of suitable cyber insurance for companies in the United States 2016 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/
Munich Re. "Reasons for lack of suitable cyber insurance for companies in the United States 2016." Chart. May 18, 2016. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/
Munich Re. (2016). Reasons for lack of suitable cyber insurance for companies in the United States 2016. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/
Munich Re. "Reasons for Lack of Suitable Cyber Insurance for Companies in The United States 2016." Statista, Statista Inc., 18 May 2016, https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/
Munich Re, Reasons for lack of suitable cyber insurance for companies in the United States 2016 Statista, https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/ (last visited December 21, 2024)
Reasons for lack of suitable cyber insurance for companies in the United States 2016 [Graph], Munich Re, May 18, 2016. [Online]. Available: https://www.statista.com/statistics/422683/reasons-cyber-insurance-not-adequate-us-companies/