Insurance claims for large businesses in the U.S. are becoming more expensive, with the average claim size for companies with at least $1 billion in revenue doubling to $4.4 million in 2025.

Earlier attacks and coverage

No earlier related attack in our archive yet.

Business impact

The rising cost of claims is putting financial strain on large businesses, increasing business interruption expenses and the cost of data breach litigation. This could lead to reduced profitability and potential legal issues.

Industries affected

All industries, with a focus on large enterprises.

Users affected

Customers of large businesses may face higher prices due to increased insurance costs, and may experience data breaches that could impact their personal information.

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Sources