2030 Cyber Insurance Ransomware Risk 
Security Boulevard
NOVEMBER 24, 2023
First published by HelpNetSecurity — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.
CSO Magazine
JUNE 14, 2023
Finding the right insurance has become a key part of the security equation, which is no surprise given that the average cost of a data breach in the US has risen to $9.44 The global cyber insurance market was valued at $13.33 billion by 2030. million — more than twice the global average of $4.35 billion in 2023 to $84.62
Expert insights. Personalized for you.
72 
Let's personalize your content