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After a brief respite in 2023, the cyber liability insurance market is bracing for turbulence in 2024. Woodruff Sawyer’s “Cyber Looking Ahead Guide” paints a sobering picture of rising cyber…
Read More “Cyber Insurance Skies Clouding Over – Underwriters Predict Turbulent 2024” »
The global cyber insurance market is on a trajectory to hit a whopping USD 90.6 billion by 2033, with a robust Compound Annual Growth Rate (CAGR) of 22.3%. The research…
Read More “Global Cyber Insurance Market Set to Skyrocket, Reaching USD 90.6 Billion by 2033” »
The predictions come in the tech giant’s report “Cybersecurity Forecast 2024: Insights for Future Planning.” The report is a fascinating read for anyone involved in the cyber security arena —…
Read More “Google Predicts Stable Cyber Insurance Premiums in 2024 (+ more “Pig Butchering”)” »
Brace yourselves, insurance behemoths, for the cyber tide is turning! CyberCube predicts in their recent report that 2024 will see reinsurance titans flexing their muscles, actively pumping up the cyber…
Read More “Reinsurers to Enter Cyber Market in 2024, Forecasts CyberCube Report” »
According to the latest analysis by Emergen Research, the global cyber insurance market, valued at USD 11.88 billion in 2022, is poised to experience a remarkable revenue CAGR of 20.4%…
Read More “Global Cyber Insurance Market Set to Reach USD 75.61 Billion by 2032” »
A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a…
Read More “One in Five Businesses Hit by Cyberattacks, Lacking Preparedness” »
Ransomware stalks the factory floor. Claroty, a cyber-physical systems protection company, has released a new study revealing a concerning surge in ransomware attacks within the industrial sector. The research, “The…
Read More “Industrial Sector Hit Hard by Ransomware Rampage” »
The Global Cyber Insurance Market, valued at US$9.89 billion in 2022, is anticipated to witness a CAGR of 11.7% from 2023 to 2031. That is from a new report by…
Read More “Global Cyber Insurance Market Thrives Amidst Increasing Cyber Threats – Report” »
A report from The Geneva Association emphasizes that safeguarding society against an unprecedented cyberattack necessitates more than just insurance. The report, Cyber Risk Accumulation: Fully tackling the insurability challenge highlights…
Read More “Unprecedented Cyberattack and The Role of Insurance” »
A new report from insurtech Resilience, Resilience Midyear 2023 Claims Report, reveals a significant shift in ransomware tactics. Cybercriminals are increasingly targeting larger organizations and employing encryption-less extortion methods. Key…
Read More “Ransomware Tactics Evolve as Cybercriminals Shift Focus to Big Targets” »