The cyber insurance market is projected to grow at a 24.1% CAGR from 2022 to 2030, valued at $68.17 billion by the end of the forecast period, according to a report by Verified Market Research. The growth is fueled by the increase in cyberattacks and digitalisation, regulated data security, and extensive adoption in sectors like banking and healthcare. However, increased costs pose a barrier to the market’s expansion. North America currently holds the largest market share.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
