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Cyber liability insurance vs. data breach insurance: What's the difference?

CSO Magazine

Finding the right insurance has become a key part of the security equation, which is no surprise given that the average cost of a data breach in the US has risen to $9.44 The global cyber insurance market was valued at $13.33 billion by 2030. million — more than twice the global average of $4.35

Insurance 121
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Cybersecurity Insurance is Missing the Risk

Security Boulevard

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

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Security Roundup July 2024

BH Consulting

Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

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Thinking About the Future of InfoSec (v2022)

Daniel Miessler

So the company takes a copy of Cognito and their competitor, spends a few months working on a cool set of new security features, and then they take that to the market. In other words, I think much of the current security market is based on how poorly the industry does the basics. A Future Example.

InfoSec 180
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Trade Wars: How U.S. Tariffs Are Reshaping Cyber Risk and Resilience

SecureWorld News

has imposed new tariffs on Canada, Mexico, and China, setting off a geopolitical and economic ripple effect that extends beyond supply chains and global markets. Thinking a bit more widely, though, I can imagine there will be a concomitant rise in cyber espionage and attacks between groups of impacted groups in China and the U.S.