German SMEs with cyber insurance 2021

Published by
Jennifer Rudden,
Jun 1, 2023
Almost 60 percent of German medium-sized companies had either purchased or actively considered purchasing cyber insurance according to a survey carried out in December 2021. However, only 23 percent of the companies surveyed already had this coverage. Risk management experts surveyed in 2022 deemed cyber incidents to be the biggest risk to businesses worldwide.

Share of medium-sized companies that have actively considered purchasing cyber insurance in Germany in December 2021

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Release date

March 2022

Region

Germany

Survey time period

December 2021

Number of respondents

511 respondents

Special properties

Decision makers at medium-sized companies

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "Haben Sie sich mit dem Abschluss einer solchen Versicherung aktiv auseinandergesetzt?", which translates as "Have you actively considered taking out such insurance?"

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