2017 North America Cyber Risk Transfer Comparison Report
The purpose of this research is to compare the relative insurance protection of certain tangible1versus intangible2assets. How do cyber asset values and potential losses compare to tangible asset values and potential losses from an organization’s other perils, such as firesand weather?
The probability of any particular building burning down is significantly lowerthan one percent (1%). However,most organizations spend much more on fire-insurance premiums than on cyber insurance despite stating in their publicly disclosed documents that a majority of the organization’s value is attributed to intangible assets.3One recent concrete example is the sale of Yahoo!: Verizon recently reduced the purchase price by $350 million because of the severity ofcyber incidents in 2013 and 2014.
