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Cybersecurity Insurance is Missing the Risk

Security Boulevard

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. to 130.6%).

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Cyber liability insurance vs. data breach insurance: What's the difference?

CSO Magazine

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. The global cyber insurance market was valued at $13.33 billion by 2030.

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Cyber Attack leads to serious data breach at UK Eurocell

CyberSecurity Insiders

Currently, there is zero evidence that the data has been misused or compromised and claimed that the info of its 2030 employees was safe and risk free. Cyber security analysts suspect the data can be used for extortion and can be apparently sold on the dark web for huge profits.

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Demand, CyberInsurance, and Automation/AI Are the Future of InfoSec

Daniel Miessler

2021-2030) A Surge in Demand for InfoSec people will result in many more professionals being trained and placed within companies, likely using more of a trade/certification model than a 4-year university model. Jeremiah Grossman and I have been talking about the rise of cybersecurity insurance for years now. Cyberinsurance Will Ascend.

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Thinking About the Future of InfoSec (v2022)

Daniel Miessler

Essentially the business will see what the risk tolerance is for all these items, and that’s what the Ops team will monitor in their dashboards. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. When it comes to cars and houses, that push came significantly from insurance companies.

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Setting Up The Digital Asset Security Standards To Protect Digital Data

CyberSecurity Insiders

European legislators have decided against adding a burdensome amendment to the Markets in Crypto Assets (MiCA) bill on proof-of-work-based assets, demonstrating their commitment to establishing a system that balances risk management and true financial innovation. billion by 2030, representing a CAGR of 9.5% during 2021-2030.