Global Cybersecurity Insurance Market to Grow at a CAGR of +24% During Forecast Period 2018-2023
Ransom-ware attacks such as NotPetya and WannaCry shook the entire world. The cyber data breaches are immensely impacting the consumers' confidence. Increase in awareness about cyber risks from boardroom to data centers owing to the rising number of cyber-attacks in the past 20 years is the prime factor that drives the market. However, complex and changing nature of cyber risks limits cyber insurance market growth. Low market penetration of cyber insurance policies in developing countries offers promising business opportunity for...
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