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Share of SME cyber insurance claims in North America 2015-2019, by cause of loss

Published by
Jennifer Rudden,
Jun 21, 2022
This statistic shows the share of cyber insurance claims made by small and medium-sized enterprises (SMEs) in North America from 2015 and 2019, by cause of loss. The second most common cause was ransomware accounting for 26 percent of the claims made by SMEs.

Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss

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Source

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Release date

November 2020

Region

North America

Survey time period

2015 to 2019

Number of respondents

3,493 respondents

Supplementary notes

All incidents reported took place between 2015 and 2019, and the targeted organization had some form of cyber or privacy liability coverage.
A small number of claims were from Canada, the United Kingdom, Australia, Germany, Ireland, South Africa, and organizations with a global footprint.

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