81 percent of organizations identify IP as a top 10 risk, while insurance covers only 16 percent of $1B in potential losses
This coverage differential contrasted with the average potential loss to certain intangible assets of $1.08 billion compared with $795 million in losses to PP&E.
- This coverage differential contrasted with the average potential loss to certain intangible assets of $1.08 billion compared with $795 million in losses to PP&E.
- "Understanding how to properly value, exploit and insure intangible assets is exponentially heightened in the digital era.
- Respondents valued intangible assets only slightly higher than PP&E at $1.15 billion and $1.03 billion, respectively.
- Most incidents involved infringements of, or challenges to, the company's IP (69 percent) or the company's alleged infringement of third-party IP (31 percent).