This statistic shows the average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss. The average cost of claims caused by system glitches amounted to 19.5 million U.S. dollars.
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Average costs of cyber insurance claims in North America 2013-2017 by cause of loss
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Average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss (in thousand U.S. dollars)
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This statistic shows the average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss. The average cost of claims caused by system glitches amounted to 19.5 million U.S. dollars.
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Description
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This statistic shows the average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss. The average cost of claims caused by system glitches amounted to 19.5 million U.S. dollars.
Show more- Show sources information
- Show publisher information
- Release date
- November 2018
- Region
- Canada, United States
- Survey time period
- 2013 to 2017
- Number of respondents
- 1,201 respondents
- Supplementary notes
-
All incidents reported took place between 2013 and 2017, and the targeted organization had some form of cyber or privacy liability coverage.
1,133 claims involved American organizations, ten claims were from Canada, nine claims were from the United Kingdom and three claims were from Australia
More information
- Region
- Canada, United States
- Survey time period
- 2013 to 2017
- Number of respondents
- 1,201 respondents
- Supplementary notes
-
All incidents reported took place between 2013 and 2017, and the targeted organization had some form of cyber or privacy liability coverage.
1,133 claims involved American organizations, ten claims were from Canada, nine claims were from the United Kingdom and three claims were from Australia
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- Number of cyber insurance claims made in North America from 2013 to 2017, by industry*Number of cyber insurance claims made in North America 2013-2017, by industry
- Share of cyber insurance claims made in North America from 2013 to 2017, by cause of lossShare of cyber insurance claims made in North America 2013-2017, by cause of loss
- Average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss (in thousand U.S. dollars)Average costs of cyber insurance claims in North America 2013-2017 by cause of loss
- Change in cyber insurance premium pricing in the United States from April 2016 and April 2017Change in cyber insurance premium pricing U.S. 2016-2017
- Has your organization had a cyber insurance claim during the past 18 months?Share of organizations who made cyber insurance claims in past 18 months U.S. 2017
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- Types of cyber insurance coverage owned by companies in the United States in 2016Types of cyber insurance coverage owned by companies in the U.S. 2016
- Reasons for lack of suitable cyber insurance for companies in the United States 2016Reasons for lack of suitable cyber insurance for U.S. companies 2016
- Reasons for underwriter declining applications for cyber insurance coverage in the United States in 2016Reasons for underwriter declining applications for cyber insurance coverage U.S. 2016
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Statistics
- Number of cyber insurance claims made in North America 2013-2017, by cause of loss
- Share of cyber insurance claims made in North America 2013-2017, by industry
- Reasons for SMEs not having considered cyber security in the United Kingdom (UK) 2016
- Share of cyber claims received by AIG EMEA 2013-2017
- Ownership of cyber insurance in the U.S. 2013-2015, by industry
- Share of organizations with cyber liability insurance worldwide 2011-2018
- Greatest insurance risks of autonomous vehicles in U.S. 2016
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- French opinions on their exposure to the risk of cybercrime in 2015
- Share of organizations with cyber liability insurance in the U.S. 2014
- Change in cyber insurance coverage in U.S. companies 2014
- Importance of cyber-insurance: opinion of French companies 2015
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- Share of individuals whose home wifi networks are password protected in GB in 2011
- IT protection among companies in the real estate sector in the Netherlands 2017
- IT protection among companies in the financial sector in the Netherlands 2017
- General counsels' concern potential cyber incidents worldwide 2017
- Enterprise cyber security implementation rate Japan 2016-2017, by type
Statistics on the topic
Free statistics
- Annual number of data breaches and exposed records in the United States from 2005 to 2018 (in millions)
- Average annualized cost of cyber attacks on companies in selected countries as of August 2017 (in million U.S. dollars)
- Average organizational cost to a business in the United States after a data breach from 2006 to 2018 (in million U.S. dollars)
Premium Statistics
- Risks to global businesses in 2019
- Distribution of cyber insurance premiums worldwide in 2016, by region
- Share of companies considering purchasing cyber liability insurance in the next year worldwide from 2011 to 2015
- Estimated value of cyber insurance premiums written worldwide from 2014 to 2020 (in billion U.S. dollars)
- Which of the common cyber exposures does your organization face?
- Leading risks to businesses in the United States in 2018
- Key risk factors with the greatest impact on company earnings in the United States in the next three years as of 2016
- Types of economic crime reported worldwide in 2016
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- Leading insurance companies in the United States in 2016, by value of direct cyber security premiums written (in million U.S. dollars)
- Number of cyber insurance claims made in North America from 2013 to 2017, by industry*
- Share of cyber insurance claims made in North America from 2013 to 2017, by cause of loss
- Average costs of cyber insurance claims in North America from 2013 to 2017, by cause of loss (in thousand U.S. dollars)
- Change in cyber insurance premium pricing in the United States from April 2016 and April 2017
- Has your organization had a cyber insurance claim during the past 18 months?
- Leading reasons why SMEs purchase cyber insurance in the United States in April 2017
- Leading reasons why large entities purchase cyber insurance in the United States in April 2017
- Has your company bought or increased your level of cyber insurance coverage in the past year?
- Which of the following exposures are covered under your cyber insurance policy?
- Types of cyber insurance coverage owned by companies in the United States in 2016
- Reasons for lack of suitable cyber insurance for companies in the United States 2016
- Reasons for underwriter declining applications for cyber insurance coverage in the United States in 2016
- Does your organization have a stand-alone cyber insurance policy?
- Have you and your insurance broker discussed your cyber insurance coverage options during the last 12 months?
- Number of cyber insurance claims made in North America from 2013 to 2017, by cause of loss
- Share of cyber insurance claims made in North America from 2013 to 2017, by industry*
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