Information security and cyber liability risk management

The Fifth Annual Survey on the Current State of and Trends in Information Security and Cyber Liability Risk Management

In 2011, cyber insurance was still a novelty to many risk managers, and relatively few companies bought the cover. In 2015, more than 60 percent of companies participating in the fifth annual survey are insured. Five consecutive years of data demonstrate how attitudes have changed and how the marketplace reacts to emerging issues.

The vast majority of respondents continue to perceive cyber risks as at least a moderate threat, and more organizations are viewing it as an extremely serious threat. Large organizations on average perceive the threat as greater than smaller organizations. That may be a reason why smaller companies are less likely to allocate resources to cybersecurity.