Back to news

August 15, 2023 | International, Defence and Security, Finance and Insurance

The Cybersecurity insurance market is estimated at USD 14.4 billion in 2023 and is projected to reach USD 33.4 billion by 2028, at a CAGR of 18.3% from 2023 to 2028

Cybersecurity insurance has become increasingly important for organizations due to stricter data protection and privacy regulations like GDPR in Europe and CCPA in California. These regulations place a higher responsibility on businesses to safeguard sensitive data.

https://www.globenewswire.com/news-release/2023/08/15/2725637/0/en/The-Cybersecurity-insurance-market-is-estimated-at-USD-14-4-billion-in-2023-and-is-projected-to-reach-USD-33-4-billion-by-2028-at-a-CAGR-of-18-3-from-2023-to-2028.html

On the same subject

All news