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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.

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Location data poses risks to individuals, organizations

CSO Magazine

from 2022 to 2030. In the fall of 2021, Grandview Research estimated the U.S. market alone to be approximately $14 billion USD and expected it to expand at a compound annual growth rate (CAGR) of 15.6% To read this article in full, please click here

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BrandPost: Protecting the Edge Is More Important Than Ever

CSO Magazine

from 2022 to 2030, reaching nearly $156 billion by 2030. But as is always the case, with greater reliance on the edge comes increased risk from cyberattacks. Edge computing is fast becoming an essential part of our future technology capabilities. This trend will only increase in the weeks, months, and years ahead.

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Evil digital twins and other risks: the use of twins opens up a host of new security concerns

CSO Magazine

compound annual growth rate from 2023 to 2030 to eventually hit $155.83 Their uses are multifold and can be incredibly helpful, providing real-time models of physical assets or even people or biological systems that can help identify problems as or even before they occur. billion in 2022, will grow at a 37.5%

Risk 110
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Cyber liability insurance vs. data breach insurance: What's the difference?

CSO Magazine

billion by 2030. North America is projected to dominate the market due to increasing cyberattacks, particularly ransomware, and a high risk of data loss, while Europe will also gain a prominent market share, in part because “digitalization among organizations remains vulnerable to malicious cyberattacks.” billion in 2023 to $84.62

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Execs fear business setbacks from failure to keep up with ‘digital born’ competitors

SC Magazine

The COVID pandemic has reshaped risk for executives going into 2021. Respondents were asked to not only rank 36 macroeconomic, strategic and operational risks for 2021, but also to look out over the horizon and rate the expected impact of those risks in 2030.

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MY TAKE: How digital technology and the rising gig economy are exacerbating third-party risks

The Last Watchdog

Accounting for third-party risks is now mandated by regulations — with teeth. Allen is a widely respected thought leader on this topic, having launched Shared Assessments in 2005 as an intel-sharing and training consortium focused on third-party risks. That out of the way, business can proceed with less risk.

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