campuscodi , 2 days ago

Cyber insurance rates have fallen over the past year as companies have gotten better at securing their networks. Cyber insurance broker Howden says cyber insurance prices are down 15% from their 2022 peak.

https://www.howdengroupholdings.com/news/cyber-insurance-entering-a-new-phase-of-development-as-non-us-territories-set-to-capture-54-of-growth-up-to-2030

Howden predicts the market will reach $43 billion by 2030 as cyber insurance coverage grows outside the US. Currently, the US accounts for two-thirds of the global market.

#infosec #cybersecurity #security