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
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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NetDiligence. (November 17, 2020). Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/
NetDiligence. "Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss." Chart. November 17, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/
NetDiligence. (2020). Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/
NetDiligence. "Share of Cyber Insurance Claims Made by Smes in North America from 2015 to 2019, by Cause of Loss." Statista, Statista Inc., 17 Nov 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/
NetDiligence, Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/ (last visited November 10, 2024)
Share of cyber insurance claims made by SMEs in North America from 2015 to 2019, by cause of loss [Graph], NetDiligence, November 17, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/963012/number-of-cyber-insurance-claims-north-america-by-cause-of-loss/