Ads
related to: average cost for cyber insurance companiesquotes.insure.com has been visited by 10K+ users in the past month
bestmoney.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
Cybersecurity insurance, or cyber liability insurance, covers the costs and losses associated with cyber threats. These threats include cyber extortion and crime, breaches, and potential business ...
As of 2014, 90% of the cyber-insurance premium volume was covering exposure in the United States. Although at least 50 insurance companies have cyber-insurance product offerings, the actual writing is concentrated within a group of five underwriters.
Cyber insurance premiums totalled more than $12 billion in 2022 versus $10-11 billion in 2021, Simkin said, and Howden forecasts the market to increase to around $50 billion by 2030, given the ...
It is estimated that the average cost of a data breach will be over $150 million by 2020, with the global annual cost forecast to be $2.1 trillion. [ 2 ] [ 3 ] As a result of data breaches, it is estimated that in first half of 2018 alone, about 4.5 billion records were exposed. [ 4 ]
For example, the number of data breaches reported in 2020 alone reached a record high of 3,932, a 48% increase compared to the previous year, with over 37 billion records exposed globally, and also the average cost of a data breach in 2020 was estimated to be $3.86 million, with an average time to identify and contain a breach of 280 days. [22]
Methodology. Bankrate utilizes Quadrant Information Services to analyze January 2023 and January 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted ...
Ads
related to: average cost for cyber insurance companies