In 2022 we surveyed 600 C-suite and IT budget holders from organisations with a revenue over USD 500m about their experiences of cyber incidents, how their cyber security budgets were holding up in the face of rising inflation - and new for 2022 - in the context of a well-publicised hard market, we asked, is cyber insurance still worth the cost?
This year’s survey follows on from our 2021 research, enabling us to analyse the year-on-year changes and draw out valuable trends from the past 12 months in global corporate cyber security. We saw how the number of serious cyber incidents was continuing rise and that while cyber budgets had risen, their weren't as high as predicted in 2021.
Finally, through our experience in responding to cyber incidents, alongside our work with insurance underwriters, the report also shares valuable advice on the steps businesses can take today to minimise the impact of a cyber incident tomorrow.
