Cybersecurity statistics about business disruption
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Business interruption coverage was triggered in 17.5% of all claims, occurring more frequently in excess claims(23.3%) than in primary claims (15.1%).
Extortion was triggered as the main driver of loss in 11.9% of claims (primary 15.6%, excess 3.3%), triggered with some loss impact in 11.6%, triggered with no loss impact known in 9.6%, and not triggered in 66.9%.
Ransomware incidents often lead to significant business interruptions, with some level of systems shutdowns occurring in approximately 92% of these cases.
Business interruption was triggered as the main driver of loss in 17.5% of claims (primary 15.1%, excess 23.3%), triggered with some loss impact in 12.6%, triggered with no loss impact known in 7.3%, and not triggered in 62.6%.
45% of cyber leaders are concerned about disruption of operations and business processes.