Organizations now believe that their cyber assets are more valuable than plant, property and equipment assets, even though they are spending four times more budget on insurance protecting the latter risks.
The 2017 Cyber Risk Transfer Comparison Global Report from Ponemon Institute, a leading research firm on privacy, data protection and information security, is sponsored by Aon.
- Organizations valued cyber assets 14 percent more than property, plant and equipment assets
- Quantification of probable maximum loss from cyber assets is 27 percent higher than from property, plant and equipment
- Organizations insure on average 59 percent of plant, property and equipment losses, compared to an average of 15 percent of cyber exposures