This report delves into the depths of cyber risk management, unearthing the critical coverage gaps that threaten organizational stability in the wake of cyberattacks. In an era where digital threats loom larger than ever, businesses are increasingly turning to cyber insurance as a safeguard against the financial ravages of data breaches. Yet CYE’s study leveraging external and internal datasets reveals a stark reality: the protection afforded by such insurance may fall significantly short of the actual costs incurred during cyber incidents.

In this report, we highlight which industries and countries have the most robust cyber postures and which are lagging, as well as the most prevalent vulnerabilities. We also examine the scores across different industries, countries, and company sizes and provide recommendations and best practices on how to achieve a better cyber posture. This report is based on data gathered over two years of cyber assessments, spanning 15 countries and nearly a dozen industries. Each assessment includes an evaluation of the organization across seven different security domains, with a total of 312 data points.