Global Cyber Insurance Market Outlook, Trends, Insights

The Global Cyber Insurance Market Size is Anticipated to Exceed USD 130.57 Billion by 2033, Growing at a CAGR of 23.46% from 2023 to 2033. Cyber insurance is a specific insurance product that covers the financial risks of cybersecurity threats. Cyber insurance protects against various crimes, including ransom, data loss, hacking, theft, disruption of service, and other online crimes. Administrations are more liable to electronic warfare and data breaches as the number of electronic devices utilized to store data rises.