That's well above the 17.4% increase witnessed by. The best of R&I and around the web, handpicked by our editors. The tool has been developed by cyber and actuarial experts and calibrated with industry claims data. from 2019-2021. Mario Paezof Wells Fargo offered this advice: When considering appropriate limits of insurance, it is important to be reminded that insurance solutions are one piece of a larger risk transfer program within individual organizations. Underwriters are no longer racing to gain market share. This senior vice president and director of health care at Gallagher Bassett Specialty shares his experience and what the health care industry should keep its eyes on moving forward. Now, as litigation picks back up, Butler believes some carriers could decide to exit the D&O market over the next few years. The storm was an inflection point that fundamentally changed the property insurance market. When insurance brokers fully market an account, they send the companys application for insurance to as many markets as is reasonable. By combining the cost per record with the total number of. Munich Re sees cyber premiums worldwide standing at US$ 9.2bn (beginning of 2022) and estimates that they will reach a value of approximately US$ 22bn by 2025. A cyber incident of any kind that is not actively and precisely managed can result in a significant increase in financial and reputational harm to the organization or firm. We really dig in, roll up our sleeves, and we look at each of these deals ultimately to try to help our trading partners with a solution for their client, Butler said. Minimal amounts of quality data in a dynamic area of risk can lead to buying unsuitable limits, which means a false sense of security or a waste of money. Premiums earned by French cyber insurers 2019-2021, Cyber attacks: most-targeted industries 2020-2021, Average total cost per data breach worldwide 2022, by country or region, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. We try to be nimble, Butler said. With their potential insurability on the line, organizations are placing more emphasis on controls than ever before. And, in late January 2021, the cyber market abruptly changed. (This is like determining what it would cost to replace your home if it was destroyed by a fire, rather than an assessment of the risk that your home would be destroyed by a fire.). The only rules are no selling and no competitor put-downs. Applicants/insureds were required to provide extremely detailed information about network security controls and security calls (calls where the underwriter would interview the Head of IT for the organization) were routine. %%EOF Determining the right cyber insurance coverage and limits for partners starts with a risk assessment and consideration of key coverage categories. Today, the demand for cyber insurance is stronger than it ever has been, but the supply is constricting. This material has been prepared for informational purposes only. Benchmark Analysis utilizes insurance program benchmarking to show peer company premiums, limits, and retentions, limit adequacy, as well as rate per million. It was then that insurers introduced self-adjusting deductibles, which ultimately meant insureds took on a greater proportion of the loss. Evaluate your business risk to determine how much cyber liability insurance you need. Companies may not be able to use large retentions/deductibles as a way of reducing premium, unless the retention/deductible being requested is in line with the organizations annual revenue. endstream endobj 752 0 obj <>/Filter/FlateDecode/Index[218 499]/Length 39/Size 717/Type/XRef/W[1 1 1]>>stream Cyber threat actors are active adversaries, constantly adapting their tactics, techniques, and procedures to cause harm. Similar to auto or homeowners insurance, cyber insurance protects businesses from loses caused by an event covered under the user's policy. Visualize and report on where cyber risk exists in your vendor portfolio and single out the vendors that present the most risk. As mentioned in point 1 above, there are some basic controls that underwriters now expect to see. Below are the top 10 things you need to know about todays cyber insurance market: Today, companies and firms are experiencing premium increases at renewal of upwards of 50%, depending on company size, industry and security risk profile. 0000010927 00000 n When you ask your broker for a quote on cyber insurance, ask to see options. Benchmarking There are tools used by insurance brokers to compare your coverage terms and Umbrella liability limits to your industry peers. data than referenced in the text. Marsh Specialty and Global Placement provide data covering more than US$75 billion in premium placements, US$10 trillion in limits, and US$45 trillion in insured value. Summary Advisen's Insurance Program Benchmarking facility is a proprietary relational database of premium, limit, and retention data that is mapped to individual insureds and linked via a structured format to corresponding demographic and exposure data. On-call 24/7, our team of nearly 100 cybersecurity specialists provides a range of . Cyber insurance is an insurance product designed to help businesses hedge against the potentially devastating effects of cybercrimes such as malware, ransomware, distributed denial-of-service (DDoS) attacks, or any other method used to compromise a network and sensitive data. On one hand, weve seen some strong underwriting results from carriers leading to softening in some market segments. At the same time, two, is balancing and being a responsible [financial] steward of corporate capital.. Many policies have a maximum coverage limit of $5 million, but you can discuss your need for more coverage with your insurance provider. Capacity is probably near an all-time high in D&O, Butler said. Generally, cyber insurance is designed to protect your company from these primary risks through four distinct insuring agreements: Network security and privacy liability Network business interruption Media liability Errors and omissions Marsh LLC. Workers' compensation carrier reserves and combined ratios are at healthy levels, despite the worries that persist about the impact of inflation. Once you determine what information you have, you have to determine what it would cost if that information was compromised in a data breach or cyber-attack. Anyone involved in the initial response to a cyber incident is inundated right now with sheer volume. 753 0 obj <>stream Businesses today move quickly. The cyber threat is continually evolving, and therefore we would strongly recommend that additional advice is taken before buying risk reduction or risk transfer products. Liberty Mutuals Susanne Figueredo Cook leads with a level head, prioritizing inclusion and giving her team a space to share ideas. Whether you have enough cyber insurance depends on what information and information systems you have, how much that information is worth to your organization, and the damages that could reasonably result if the information is compromised. At Marsh, we believe the cyber risk paradigm reflects the need for organizations to become more comfortable with the reality that the connective tissue of modern business is digital. WHITEHOUSE STATION, N.J., April 11, 2022 /PRNewswire/ -- Chubb has launched its Liability Limit Benchmark & Large Loss Profile 2022 report, highlighting how risks and loss cost trends have evolved over the past decade. The cyber risk insurance market is at an inflection point, presenting an opportunity to embrace a paradigm shift. How an Incident Response Plan Can Reduce Your Cyber Insurance Costs, Why Benjamin Franklin Would Want to See Your Incident Response Plan, Insurance Coverage for Privacy and Data Breaches, Hot Topics and Critical Issues, Ponemon Institutes Cost of Data Breach Study: United States. If you require that a client purchase cyber liability insurance in a work contract, you can adjust the requested coverage limit. For example: A predictable retraction of insurance capital followed Hurricane Andrew as eight insurers became insolvent and more sought funds from parent companies to satisfy claims. The most prominent cyber risks are privacy risk, security risk, operational risk, and service risk. Cyber liability policies have limits that range from $1 million to $5 million or more. Concisely, in 2022, you'll have to grapple with rate increases, reduced capacity, ransomware sub-limits, higher deductibles, and supplemental applications. To help guide this research and to receive actionable data on premium rates, coverage limits, and more, take the 2022 Aponix Cyber Insurance survey here. After a reasoned analysis, many firms may find it is time to purchase more cyber insurance limit in today's environment, despite the rising premium rates in the market. Comparing key coverage differences will enable you to evaluate the cyber liability policy options, select the best coverage to address your firm's needs, and effectively transfer . What makes answering these questions difficult is that the CEOs, CFOs, and Directors often dont have a firm grasp on what information and information systems they have in their organization, and the magnitude of what they stand to lose in the event of a data breach or cyber-attack. The company has one of the largest and most diverse ranges of coverage options available, including policies designed for the smallest and largest businesses. This article was produced by the R&I Brand Studio, a unit of the advertising department of Risk & Insurance, in collaboration with AmTrust Financial. Five Steps to Lowering Your Cyber Insurance Premium April 8, 2022 Increasing Attacks and Higher Premiums Protecting your company's assets in case of a cyber security breach is critical. They share their insights and opinions and from time to time their pet peeves and gripes. You might do this by assessing the potential level of impact as low, moderate (resulting in serious adverse effects), and high (resulting in severe or catastrophic adverse effects on organizational operations, assets, and to individuals). Any price benchmarking data that is more than a couple weeks old is going to be irrelevant. Due to varying update cycles, statistics can display more up-to-date 0000010241 00000 n The major factors driving the market include the increasing number of sophisticated cyber-attacks amplifying the fear of financial losses . As a result, building a. Its skilled, point-of-sale underwriters have the authority to produce creative insurance solutions at the speed needed in todays conditions. AmTrust is entrepreneurial in spirit, from the top down, Butler said. As a result, risk was underestimated, and undervalued/priced. Were not an organization that will make sweeping changes to our underwriting philosophy, Butler said. 0000003725 00000 n Our company has grown, but our commitment to innovation and service remain the same. Increasing frequency, severity and the sophistication of cyber crime specifically ransomware pushed the market into a sudden tailspin. The list is long, varies from carrier to carrier, and is (of course) always subject to change. 0000003611 00000 n If a company or firm has multiple layers of insurance, that increase adds up quickly. The author, Bill Wagner, JD, CPCU, CIPP/US, is a member of the Sedona Conference Working Groups on Data Security and Privacy Liability, and Electronic Document Retention and Production. In the early days of cyber insurance, the underwriting process was rigorous. . We dont really sweep with a broad brush in terms of industry class or size, Butler said. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Benchmarking is populated with historical purchasing data and the cyber market is relatively young. Minimal amounts of quality data in a dynamic area of risk can lead to buying unsuitable limits, which means a false sense of security or a waste of money. Companies are facing increased regulatory scrutiny. If a client sues your tech company for failing to prevent a data breach at their business, third-party cyber liability insurance helps cover your legal costs, including: Learn more about cyber liability insurance coverage, including the difference between first-party and third-party coverage. Skilled D&O underwriters know that while the type and size of the business is important, theyll need to consider each companys unique position and situation. 0000009284 00000 n hb```f``b`c`ab@ !v daFYhF=9A'RN0`\z9 He holds the CIPP/G, CIPP/US, CPCU designations, is a member of the Sedona Conference Working Groups on Data Security and Privacy Liability. 0000007407 00000 n 0000050094 00000 n Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting. A thorough understanding of the company and their D&O and liability exposures allows underwriters to adequately price a particular business risk and determine what kind of terms it can offer. Should we just benchmark what others in our industry are doing?. <<81A2B7CF5D7994478018C66CF53BD809>]/Prev 445514/XRefStm 1627>> Below is some practical advice from two very experienced insurance brokers, followed by some additional questions to help you analyze your needs, followed by a brief examination of three studies that provide a cost per record loss analysis from the Ponemon Institute, Net Diligence, and Verizon. You likely have employee records, including possibly medical records if you have a self-funded healthcare plan and retirement plan records; customer information; vendor payment records; or other confidential information, financial records, proprietary records, and trade secrets. This process is a more effective way to limits adequacy and will give the buyer more confidence in their investment in cyber insurance.. However, it also should also consider any contractual liability limitations or exclusions to ensure they don't override your well-thought-out requirements. The cyber insurance markets are overwhelmed with a flood (maybe tidal wave) of applications. 0000014294 00000 n Cyber insurance first emerged as an insurance product in the late 1990s; however, it did not gain any real momentum until about 2010. During this time, there was ample supply of the product supply that far exceeded the demand and there were new carriers entering the market frequently. This chart shows the answers we received more than once. NK%r^544f+ @*@HCOK+:0b(3H+q:xf&FG@p"}mw02c\p The editorial staff of Risk & Insurance had no role in its preparation. Threat actors are demanding more and more in ransom over the years. Tafts Privacy and Data Security attorneys proactively help our clients assess their compliance and identify the greatest areas in need of attention and improvement. Download the Latest Study. 0000049401 00000 n CLAIMS ADVISORY GROUP. The result is more declinations. Over the past few years, carriers have seen an increased demand for D&O policies. At the same time limits are dropping, cyber . The third quarter increase was a 40 percentage point rise over the prior quarter, and the largest since 2015. This year, 6 brokers from across the brokerage field were named as the 2023 Transportation Power Broker winners. Gain protection against cyberattacks and data breaches. Cyber insurance covers a range of ransomware-related costs, like extortion demands, remediation efforts and other losses. That's why we've invested heavily in the expansion of our in-house cyber incident response team with offices in London, Austin, and Brisbane. Get in touch with us. Non-Standard Forms. Some are reducing policy limits, driven in part by budget constraints, but also due to limited insurer appetite for risk where certain security controls and corporate governance appears to be lacking or insufficient. Organizations and firms that currently have a primary layer of $10,000,000 in cyber insurance may need to restructure that limit or their entire insurance tower into layers of $5,000,000. Please consult with your own tax, legal or accounting professionals before engaging in any transaction. U;A+!vWE.]ioGs,~sdg_36-.1$5}9.wj''hMza:Zw*]=qfoI13DjtcX4l+ArHX482kt6ip8xIHCiY'Nl| And the expenses add up quickly. This extensive database includes benchmarking for: Property, including both all risk and terrorism coverage. To protect your business from client lawsuits, encourage your clients to purchase cyber liability insurance or require it before you take on a risky project. If a broker knows they have a 24-hour turnaround, theyre going to hear from us.. Today, ILFs are coming in at a minimum of 85%, and often even higher. In the glory days of cyber market, carrier appetite could be described as insatiable. There are several publications that address this, and you will want to involve your insurance broker in this analysis. An added benefit of doing an inventory and assessment of your information and information systems is that you can adjust your record retention policies to keep what is important to your organization for only as long as the information is needed, which will reduce your record retention costs. Today, carriers are reevaluating their appetite in multiple ways. If a data breach costs a business about $250 per client or customer record, this coverage limit will be high enough to protect any business that handles a few thousand records. 0000090387 00000 n The median cost of a cyber liability policy with a $1 million per occurrence limit and a $1 million aggregate limit is about $145 per month or $1,745 per year for TechInsurance customers. Get the best reports to understand your industry, Business cyber security in the United Kingdom (UK). The cost of this policy increases with the amount of sensitive data your company handles. AmTrust Financial began in 1998 with a commitment to innovation in small business insurance. "Insurers that were more than eager to issue $5 million cyber liability policies in 2020 have scaled back to limits of $1-3 million, even on a renewal," RPS said. To compete, carriers need to make decisive underwriting decisions and offer bespoke solutions. The median cost of a cyber liability policy with a $1 million per occurrence limit and a $1 million aggregate limit is about $145 per month or $1,745 per year for TechInsurance customers. Butler says AmTrust EXECs underwriting philosophy is underpinned by core values developed back when the arm was a sponsored MGA, which allowed it to build a lean team of skilled and agile underwriters who were comfortable making decisions on their own. This information serves to support insurance and risk management decision-making. These four risk trends are contributing to a challenging EPLI and fiduciary insurance market. Cyber Liability Insurance - Compare Quotes | TechInsurance Cyber Liability Insurance Gain protection against cyberattacks and data breaches. Through root cause analysis and the continuous examination of relevant data points, the underwriting community, brokers, and other stakeholders now have a better appreciation for the technical steps that organizations should take to build cyber resiliency. To complicate matters further, ransomware attacks and other cyber crime incidents are becoming more and more sophisticated and complex. SPACs and M&A activity are decreasing, too: Theres no longer a flurry of SPACs coming in, less traditional IPOs, and considerably less M&A activity in general, Butler said. With the UK cyber insurance market still in its infancy, brokers are telling us that many businesses are still to be convinced they need cover. Sponsored: Philadelphia Insurance Companies, Risk Matrix: Presented by Liberty Mutual Insurance. Industry data breach calculators based on historical claims data are helpful in determining limit adequacy, however the specific risk profile and security posture of an individual organization is a necessary component to forecast potential breach scenarios and determine more appropriate limits of liability, defense, regulatory and breach response expense insurance coverage for example., What do you stand to lose? Small and midsize businesses are ideal candidates for cyber insurance, because they may be less prepared for a data breach and less able to absorb the . Below are the top 10 things you need to know about today's cyber insurance market: 1) Rate, Rate and More Rate: Increasing Premiums Today, companies and firms are experiencing premium increases at renewal of upwards of 50%, depending on company size, industry and security risk profile. Please do not hesitate to contact me. There were high risk classes of business health care, financial institutions, retail, etc. In a few years, I think the rate environment will change and the competition landscape will change. Cyber insurance was easy to obtain and based on very little underwriting information. The most important key figures provide you with a compact summary of the topic of "Cyber insurance" and take you straight to the corresponding statistics. As noted, in 2015 more than 500 insurers were providing cyber insurance in some form. Some clients require independent contractors to carry third-party cyber liability insurance before they can begin work on a project. This process includes understanding what type of information is at risk, how the information is stored, who has access to it, and how it is segregated from other systems. Public Relations and Identity Recovery. Here we allow you to view a sample version that contains simplified results. 1000 + Organizations seeking cyber insurance are asking, whats next? When considering multiple options for Cyber insurance, clients want to know how much companies similar to them with comparable revenues and industries are spending to be adequately covered. With these insights, executive teams . In late 2019 and throughout 2020, we began seeing more and more signs that the glory days of the cyber insurance market were coming to an end. *This is the fourth post in a five-part series on cyber insurance, culminating in a webinar entitled Insurance Coverage for Privacy and Data Breaches, Hot Topics and Critical Issues on Wednesday, April 22, 2015, at 12:00-1:00 p.m. Eastern. In this article, we examine the complexities of misc. Let's take a quick look at some factors that will affect your decision on how much cyber insurance limits to purchase. ESOP companies in need of director's and officer's (D&O), fiduciary liability, or employment practices liability (EPL) insurance often struggle with the limits of insurance to purchase. Then the COVID-19 pandemic hit. In todays world of cyber risk management, predictive models are increasingly important. The expenses to hire an outside forensic team for discovery is covered. 0000011196 00000 n Hurricane Andrew hit a full five years before insurers issued the first standalone cyber policies. Ensure your clients have a risk management plan that takes into consideration the cost of a data breach. Read more. All content and materials are for general informational purposes only. If your clients have cyber liability insurance, they'll be less likely to sue your tech business as they attempt to recoup their losses after a data breach. Organizations should strive to manage it to an acceptable level of residual risk. Its limits, from $50,000 to $1 million, make it a good choice for individual attorneys or small firms. Risk Insiders are an unrivaled group of leading executives focused on the topic of Risk. For high-risk businesses like those specializing in data storage, purchasing a cyber liability policy with higher coverage limits may be a smart option. Another thing to keep in mind when deciding how much insurance you need is to consider your coverage sub-limits. There are many privacy and security risk mitigation/transfer strategies (such as data classification, data retention, employee training, tightened indemnification with relevant third party vendors, updated and tested incident response plans, etc.) Targeted benchmarking, based on firm revenue or headcount, is available on limits, retentions and pricing to address specific informational needs. 0000001818 00000 n Marsh now has more than $70 million in cyber premium under management. This helped mitigate the price of risk. After a breach, first-party cyber liability coverage pays for: These are the costs you or your clients would pay for directly after a data breach without a cyber liability policy in place. Gaining back lost trust is a hard pill to swallow. Organizations are now required to provide detailed information around network security and their approach to data privacy. TechInsurance helps small business owners compare business insurance quotes with one easy online application. professional liability policies and placements and how retailers and brokers can help their insureds obtain better coverages by understanding their specific risk exposures. Notably, while many organizations are not exposed to natural catastrophes, the same cannot be said for cyber-attacks. Cyber underwriters have more work today than they ever had before! Fill in the details below and calculate your estimated exposure. In either instance, the limitations on the coverage extends to all areas of the cyber policy that are triggered by a ransomware attack cyber extortion coverage, breach/incident response coverage, business interruption coverage, etc. In 2021, it's risen to $3500 or more. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Hurricane Andrew was a major impetus for the use of catastrophe models, which had not previously been widely used, and those in use were not predictive. Employees are engaging in more forms of political speech. It is clear that cyber risk is different from traditional risks. White papers, service directory and conferences for the R&I community. This company is in the top five in terms of cyber insurance with $92,198,000 in premiums and a 6.9 percent share of the market. Most small tech companies purchase a cyber liability insurance policy with a $1 million per occurrence limit, a $1 million aggregate limit, and a $1,000 deductible. Whatever the case, companies are rapidly evolving and directors and officers (D&O) insurance policies are rising to meet their insurance needs. The views expressed in this article belong to the author and are not an editorial opinion of Risk & Insurance. Some markets will apply one or the other; some markets will impose both. The Program has been providing coverages to Employee Stock Ownership Plan (ESOP) companies since 1989, and now offers cyber liability insurance. 0 One important lever hospitality owners can pull to minimize their exposure to alcohol-related liabilities is ensuring that they have hired the appropriate ratio of workers to patrons. But contractors may need third-party cyber liability insurance to protect themselves from lawsuits. HSB offers Cyber Suite protection for small to mid-sized businesses, including law firms. Instead of purchasing a standalone cyber liability insurance policy, most small tech companies purchase a technology errors and omissions policy (tech E&O) that includes cyber liability coverage. Primarily the growth comes in the form of single-parent captives and cells. Each Risk Insider is invited to publish based on their expertise, passion and/or the quality of their writing. For the first time since the introduction of cyber insurance, we are seeing markets backing away on the limit they are willing to offer. In addition, many markets are relying on external security scans of the applicant/insured network looking for open ports and other potential vulnerabilities. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Cyber insurance market size worldwide 2018-2020, with forecast for 2025, Share of companies with cyber insurance worldwide 2021, Biggest risks to businesses worldwide 2018-2023, Cyber crime: number of compromises and impacted individuals in U.S. 2005-2022, Leading U.S. cyber insurers 2021, by direct cyber security premiums written, Global cyber insurance market size in 2018 and 2020, with forecast for 2025 (in billion U.S. dollars), Share of organizations with cyber insurance coverage in selected countries worldwide in 2021, Estimated cyber insurance market growth rates in Europe 2020-2030, Forecast of European cyber insurance market annual growth rates from 2020 to 2030, Leading risks to businesses worldwide from 2018 to 2023, Cyber crime incidents worldwide 2020-2021, by industry and organization size, Global number of cyber security incidents from November 2020 to October 2021, by industry and organization size, Average total cost per data breach worldwide 2020-2022, by industry, Average cost of a data breach worldwide from May 2020 to March 2022, by industry (in million U.S. dollars), Cyber insurance direct written premiums in the U.S. 2015-2020, by type, Total value of cyber insurance direct written premiums in the United States between 2015 and 2020, by type (in million U.S. dollars), Cyber insurance premiums earned vs loss ratio in the U.S. 2015-2021, Value of premiums earned and loss ratio for standalone cyber insurance policies in the United States from 2015 to 2021, Cyber insurance: changes in demand, capacity, and claims in the U.S. 2020-2022, Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022, Changes in SME cyber insurance premium pricing at renewal in the UK 2022, Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022, French companies with cyber insurance 2021, Share of companies with cyber insurance in France in 2021, Share of medium-sized companies that have actively considered purchasing cyber insurance in Germany in December 2021, Cyber insurance purchase criteria for German SMEs 2021, Most important criteria for medium-sized companies when purchasing cyber insurance in Germany in December 2021, Cyber risk insurance penetration among enterprises in Japan 2020, Level of cyber risk insurance penetration among companies in Japan as of October 2020, Leading insurance companies in the United States in 2021, by value of direct cyber security premiums written (in million U.S. dollars), Market share of largest U.S. cyber insurance companies 2021, Market share of leading cyber insurance companies in the United States in 2021, by value of direct cyber security premiums written, Cyber insurance policies available in Europe in 2019, by type, Share of insurers who offer cyber insurance in Europe in 2019, by type, Loss ratio of French cyber insurers 2019-2021, Loss ratio among cyber insurance companies in France from 2019 to 2021, Share of ransomware attacks covered by cyber insurance worldwide 2021, by industry, Share of ransomware incidents where cyber insurance covered the losses worldwide in 2021, by industry, Global cyber insurance payouts after ransomware incidents 2019-2021, by type, Share of ransomware incidents where cyber insurance covered the losses worldwide in 2019 and 2021, by type of payout, Cyber insurance claims for U.S. packaged policies 2015-2021, Number of first party and third party cyber insurance claims for packaged policies in the United States from 2015 to 2021, Cyber insurance claims for U.S. standalone policies 2015-2021, Number of first party and third party cyber insurance claims for standalone policies in the United States from 2015 to 2021, French companies with cyber insurance who have ever submitted a claim 2021, Share of companies that had ever submitted a cyber insurance claim after a cyber attack in France in 2021.