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Global cyber insurance loss events in selected industries between 2013 and 2019

Of the industries most affected by cyber insurances losses between 2013 and 2019, the share of loss events caused by malicious data breaches was highest in the insurance sector. Within this sector, data breaches comprised nearly four out of 10 loss events over this period. Conversely, malicious data breaches only accounted for 18 percent of loss events in the healthcare sector. Generally, cyber insurance is designed to protect businesses from risks arising from the use of data and technology in business operations.

Distribution of cyber insurance loss events worldwide in selected industries between 2013 and 2019

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Source

Release date

July 2020

Region

Worldwide

Survey time period

2013 to 2019

Supplementary notes

Limited to the five industries which experienced the highest share of cyber insurance claims in the period under consideration.

According to the source, the analysis is based on almost 1,200 claims from nearly 50 countries occurring between 2013 and 2019.

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Statistics on "Cyber insurance"

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