+28% CAGR to Be Achieved by Cyber Insurance Market by Market Research, Opportunity Analysis and Industry Forecast 2018-2023
Cybercrime is still a serious threat and no longer is considered as a risk covered under traditional network security insurance product. Organizations from all industries need coverage for liability and property exposure which is a result of cyber-attacks. This is an opportunity for insurers and reinsurers to innovate cyber insurance products that manage various degrees of risks and cover cost-associated data breaches, credit monitoring, forensic investigations, reputation management, and business interruption.
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