H1 2020

Cyber Insurance
Claims Report

 
 

In the report you’ll find:

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An analysis of claims data from Coalition policyholders that details which industries are impacted most by cyber incidents, how small business claims compare to larger organizations, and which events trigger the most loss. 

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A comprehensive breakdown of the three types of incidents that account for 87% of all claims: ransomware, funds transfer fraud, and business email compromise.

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Expert recommendations for mitigating cyber risk that are free or extremely low cost to implement. This includes the use of password managers, multi-factor authentication, regular backups, and more.

Coalition has updated their methodology for claims reporting since this report was originally published. Please reference our 2023 Cyber Claims Report: Mid-year Update and those newer for data on claims frequency, severity, event types, and more.

 
 
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