Hiscox Cyber Readiness Report 2026

Now in our tenth year of cyber readiness reports, the 2026 data draws on insights from 6,800 cyber security decision-makers across the UK, Europe and the USA, revealing that cyber attacks are no longer an occasional threat but a regular feature for businesses operating in the digital economy.


But the good news is that businesses are starting to take back control, investing on average $51,000 annually on cyber resilience measures designed to boost their defences.

Cyber risk is now business as usual.

Nearly one-in-three organisations were hit by a cyber attack in the last year.

The financial impact is hard to ignore.

Cyber incidents cost organisations around $52,000 annually.

Resilience spend is catching up.

Businesses are spending around $51,000 on cyber resilience.

Attacks take businesses offline.

Firms lose an average of 32 hours of operational downtime for every hack.

Cyber Readiness Report 2026

Celebrating ten years of cyber readiness

Eddie Lamb, Global Head of Cyber at Hiscox:
"Over the past decade of our cyber readiness research, we’ve seen a clear shift in how businesses approach cyber risk – from reacting to incidents to building true resilience into their day-to-day operations.
That progress is visible in how organisations are investing more consistently in training, technology and specialist expertise, and how cyber security is now being embedded firmly into business strategy. 
Resilience today is about being prepared, responding effectively, and continuing to operate in the face of disruption. That’s where we see the most meaningful progress and where continued focus will matter most."
 

What’s your cyber readiness score?

Review your company’s own cyber readiness. Is it novice, intermediate, or expert? How does your company compare to others across country, size of business, and industry sector? Our Hiscox Maturity Model is a free, interactive tool to help you review your company’s cyber maturity across six areas of cyber security within specific functions - people, process, or technology – using industry-accepted frameworks.