The global cyber insurance market, valued at $12.5bn in 2022, is projected to reach $116.7bn by 2032, growing at a CAGR of 25.3% between 2023 and 2032, according to Allied Market Research. Growth is being driven by increasing cyberattacks and data breaches, stricter data protection and privacy regulations, the rising use of digital technology and online corporate operations and the financial impact of cyber incidents.
77% of security leaders say they'd fire staff who fall for phishing scams, even though they've done the same thing
A new report uncovers worrying complacency amongst IT and security leaders
