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Global Cybersecurity Insurance Market Size To Exceed USD

The Global Cybersecurity Insurance Market will grow from $12.89 billion in 2022 to $97.74 billion by 2032, at a CAGR of 22.46%. The cyber security insurance industry is designed to help organizations protect against potential cybercrime risks. During the Covid-19 pandemic there was an increase in mail spam, ransomware and phishing attempts, however cyber insurance policies offer coverage for current environment-relevant issues including security response, data recovery, ransom demands, system failures and more.

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