Page 111 - Cyber Defense eMagazine Annual RSA Edition for 2024
P. 111

Navigating  the  Digital  Frontier:  Exploring  the

            Dynamics  and  Growth  of  the  Cyber  Insurance


            Market


            Understanding the evolving landscape of cyber threats and the role of insurance in mitigating
            risks for businesses and organizations.

            By Divakar Kolhe, Digital Marketer, Market Research Future (Part of Wantstats Research
            and Media Private Limited)



            Introduction

            Presently, the digital era where businesses depend on technology for their operations as well as data
            management implies that cyber-attack poses a serious risk. As data leaks, ransomware incidents and
            other kinds of cyber threats increase both in number and complexity. Cyber insurance has become an
            important tool for enterprises’ risk management. This article critically examines how the growing market







                                                                                                            111
   106   107   108   109   110   111   112   113   114   115   116