The Hiscox Cyber Readiness Report 2022 reveals that both the frequency and cost of cyber attacks are rising for US businesses, and the pandemic is continuing to have lasting effects on the cyber security landscape. While the US remains a global leader in cyber maturity, they are also most likely to pay a cyber-related ransom. To gauge businesses’ preparedness to combat cyber incidents and breaches, Hiscox surveyed over 5,000 professionals responsible for their company’s cyber security from the US, UK, Belgium, France, Germany, the Netherlands, Spain and Ireland. This includes key findings from over 900 professionals from the US.