Cyber Insurance Market Likely To Be Worth $25B By 2026 | #malware | #ransomware | #education | #technology | #infosec

[ad_1]

By Dawood Fakhir (June 6, 2022, 12:02 AM BST) — Premiums in the global cybersecurity insurance market are expected to more than double to over $25 billion by 2026 because of increased demand as the number of ransomware attacks has soared in recent years, an international insurance broker said Monday.

The Howden Group said in its annual cyber-report that gross written premiums in the cyber-insurance market will swell, based on predictions of a 25% compound annual growth rate. The increased capacity of insurers to accommodate more policies will also contribute to the growth, the report said.

Howden predicted that the U.S. will remain the biggest market for cyber-insurance, although Europe will…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

[ad_2]

Source link