Professionals involved with cyber security strategy
Method of interview
Online survey
Supplementary notes
In total 5,005 professionals responsible for their organisation’s cyber security strategy were surveyed (over 900 each from the USA, UK, France and Germany; over 400 from Spain; and 200-plus from Belgium, The Netherlands
and the Republic of Ireland.).
Citation formats
Average cost of cyber attacks to European and North American firms 2018-2023, by size
As of February 2023, the average cost of cyber attacks on firms with more than 1000 employees in Europe and the United States was over ** thousands U.S dollars. Moreover, companies employing between 250 and 999 people reported a median loss of **** thousand dollars in the same year.
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Hiscox. (October 10, 2023). Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. "Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars)." Chart. October 10, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. (2023). Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox. "Average Cost of All Cyber Attacks to European and North American Firms from 2018 to 2023, by Size (in 1,000 U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 10 Oct 2023, /statistics/1008112/european-north-american-firms-cyberattack-cost/
Hiscox, Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1008112/european-north-american-firms-cyberattack-cost/ (last visited August 03, 2026)
Average cost of all cyber attacks to European and North American firms from 2018 to 2023, by size (in 1,000 U.S. dollars) [Graph], Hiscox, October 10, 2023. [Online]. Available: /statistics/1008112/european-north-american-firms-cyberattack-cost/
