Despite concern over cyber risks, many companies continue to underestimate or not recognize the potentially serious financial impact of a major cyber event.

Did You Know?

2 in 5 companies experienced a significant cyber security issue in a recent 12-month period, according to the Computer Security Institute.

A typical data breach in 2011 resulted in $5.5 million in organizational costs.

46 U.S. states have enacted some type of security breach notification legislation.

Brand reputation is also at
stake when a data
breach occurs.

According to Chubb's Survey

Respondents identified
cyber risk as their
#1 concern.

52% of companies are dedicating additional resources toward mitigating their cyber risk.

24% said it's likely their company will experience some type of cyber breach in the coming year.

½ of those that don't have an incident response plan for an electronic security breach plan to develop one in the next 12 months.