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Browse: Home / 2019 / April / 09 / Average cost of a cyber breach increases by a third | Agenda | Insurance Times

Average cost of a cyber breach increases by a third | Agenda | Insurance Times

By Securities Docket on April 9, 2019, 7:48 am

The number of medium and large businesses with cyber insurance policies is increasing, as a new government report revealed the average cost of a cyber breach increased by a third.

The Cyber Breaches Survey 2019 found where an attack resulted in the loss of data or assets, the average cost rose by more than £1,000 since 2018 to £4,180.

The average was over £9,000 for larger organisations.

via Average cost of a cyber breach increases by a third | Agenda | Insurance Times.

Posted in Data Breach, Top | Tagged Costs

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