The Hiscox Cyber Readiness Report 2021 reveals that US firms are a global leader in cyber readiness, with more classified as ’cyber experts,’ (25%) compared to other countries. But there is still work to be done when it when it comes to dealing with ransomware and phishing emails, as US businesses are the most likely to pay a ransom. In this year’s report, we saw a disparity when it came to the level of cyber expertise US businesses have versus the actions they take when an attack actually occurs.