The Source for Cyber Insurance News, Insights and Data
Measured Analytics and Insurance (Measured AI) has unveiled an intriguing white paper, “How Generative AI Will Transform Cyber Insurance in the Next 24 Months.” This release underscores generative AI’s pivotal role in reshaping the landscape of cyber insurance. You can find the whole paper here. Our summary follows. Generative AI, a cutting-edge technology poised to … Read more
The Data Health Check 2023 report, released by Databarracks, highlights the growing importance of cyber insurance. Cyber-attacks are now the leading cause of IT downtime and data loss. In 2023, ransomware remained a huge problem. Over half of organizations experienced a cyber-attack last year. More than two-thirds of companies could only survive less than one … Read more
The global cyber insurance market is expected to grow by $42.81 billion between 2022 and 2027, at a CAGR of 35.92%, according to a new report by Technavio. The market growth is being driven by a number of factors, including the rising incidence of cyberattacks, the increasing awareness of cyber insurance among businesses and individuals, … Read more
The global cyber insurance market is projected to grow from $9.35 billion in 2021 to $68.17 billion by 2030, at a CAGR of 24.1%, according to a new report by Verified Market Research. The growth is being driven by a number of factors, including: The report segments the global cyber insurance market by deployment model, … Read more
Hanover Specialty’s new report reveals that small- and mid-sized businesses generally lack preparedness for the increasing threat of a cyberattack, even though they have high confidence in their organization’s cybersecurity posture. The report, titled “2023 Cyber Resiliency Report,” found that only 7% of small- to mid-sized businesses think it’s very likely that a cyberattack will … Read more