As of February 2023, the average cost of cyber attacks on firms with more than 1000 employees in Europe and the United States was over 53 thousands U.S dollars. Moreover, companies employing between 250 and 999 people reported a median loss of 24.8 thousand dollars in the same year.
Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size
(in 1,000 U.S. dollars)
Professionals involved with cyber security strategy
Method of interview
Online survey
Supplementary notes
In total 5,005 professionals responsible for their organisation’s cyber security strategy were surveyed (over 900 each from the USA, UK, France and Germany; over 400 from Spain; and 200-plus from Belgium, The Netherlands
and the Republic of Ireland.).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hiscox. (October 10, 2023). Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. "Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars)." Chart. October 10, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. (2023). Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. "Average Cost of All Cyber Attacks to European and North American Firms from 2018 to 2023, by Size (in 1,000 U.S. Dollars)." Statista, Statista Inc., 10 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox, Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/ (last visited November 13, 2024)
Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) [Graph], Hiscox, October 10, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1008112/european-north-american-firms-cyberattack-cost/
