Cyber insurance market growing dramatically, Triple-I Finds

Direct written premiums for cyber insurance worldwide could rise to $23 billion by 2025, with U.S. businesses paying about 56% of the total, according to the Insurance Information Institute’s (Triple-I) latest Issues Brief, published today. “Two primary factors may be at work,” stated Triple-I’s Cyber Insurance: State of the Risk, when explaining the trend....

The post Cyber insurance market growing dramatically, Triple-I Finds first appeared on AI-TechPark.

aitech news businesses cyber cyberattacks cyber insurance cyber security cyber security services destroying data information insurance latest market may risk state today work written