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2021-2030) A Surge in Demand for InfoSec people will result in many more professionals being trained and placed within companies, likely using more of a trade/certification model than a 4-year university model. Jeremiah Grossman and I have been talking about the rise of cybersecurity insurance for years now. Cyberinsurance Will Ascend.
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. to 130.6%).
The ideas will cover multiple aspects of InfoSec, from organizational structure to technology. Technology. In the next 15-30 years we’ll see a move from wizardry to accounting—and a much more Operational Technology approach to the discipline in general. Technology. Insurance companies. Introduction.
A recent online survey conducted for Hartford Steam Boiler Inspection and Insurance Company (HSB) suggests that over 74% of prospective owners of Electric Vehicles(EVs) are in a fear that their vehicles might fall prey to ransomware, state funded campaigns and other variants of cyber attack when connected to public charging stations.
The Register noted that AWS’ move follows Microsoft and Google’s adoption of the technology. 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. Criminals subsequently demanded payments of between $300,000 to $5 million from victims.
President Biden’s executive order on cryptocurrencies has marked the beginning of a new age for the technology, with a clear indication that digital assets will stay and play an important part in building new financial infrastructure. billion by 2030, representing a CAGR of 9.5% during 2021-2030. Digital Asset Security.
agricultural exports and expanded its export restrictions on critical technology components and cybersecurity-related industries. Any export controls from China could severely impact the availability of next-gen cybersecurity technology in the U.S. alcohol and other products off their shelves and canceling orders.
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