A recent survey of business executives asked them to name the top ten threats they are worried about in 2018. Far more than the majority (61%) cited cyber security threats as one of their top fears. In fact, it was number two on the list of threats, with disruptive technologies taking the top spot.
Businesses across all industries are starting to recognize the importance of cyber insurance in today’s increasingly multifaceted and high-risk digital landscape. The global cybersecurity insurance market size was $3.89 billion (U.S. dollars) in 2017 and is expected to grow to $23.07 billion in 2025 – thanks to the mounting intensity of cyber-related attacks across the world.
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