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.
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The report found that U.S. firms are the most likely to experience an attack, with 72 percent of larger businesses and 68 percent of smaller companies reporting a cyber incident in the past year.
Of those companies that experienced an incident, 46 percent said it took two days or more to get back to business as usual after a breach.
See the infographic below for more findings from the Hiscox Cyber Readiness Report 2017.
(Click image to enlarge.)
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