The global cyber security insurance market is estimated to be valued at USD 9.29 Billion In 2021 and is expected to exhibit a CAGR of 21.1% over the forecast period 2022-2030, according to a new report published by Coherent Market Insights.
Market Overview:
Cybersecurity insurance provides coverage against cyber threats and data breaches, offering financial protection to organizations. With the increasing frequency and sophistication of ... Read more
The cyber security insurance market offers risk transfer options for companies dealing with sensitive data online. It provides financial protection against costs arising from cyber attacks such as data breaches, ransomware incidents, business interruption, and more. With the increasing digitization of services, most businesses today rely heavily on digital infrastructure and customer data storage. However, sophisticated hackers and cyber crimes are also on the rise, posing huge risks of ... Read more