The average cost of a cybersecurity incident ranged from $35,967 for U.S. companies with 99 employees or fewer to $102,314 for companies with 1,000 employees or more, according to the Hiscox Cyber Readiness Report 2017.

The report is compiled from a survey of more than 3,000 executives, departmental heads, IT managers and other key professionals in the U.S., the U.K. and Germany.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.