India’s cyber insurance market is experiencing strong growth and high strategic importance due to increased cyber awareness following the Covid-19 pandemic. A Deloitte report predicts a compound annual growth rate for the sector of 27-30% over the next 3-5 years, from a current valuation of $50-60m. Cyber insurance is becoming an integral part of risk management strategies as escalating cyber threats and the need for business protection grow.
Report: Cyber security a unique challenge for the healthcare sector
The Australian healthcare sector is increasingly targeted by cyber criminals, with a rise in ransomware attacks, according to a report by CyberCX. Non-hospital providers are
