PRESS RELEASE
Published August 9, 2023
“BitSight (US), Prevalent (US), RedSeal (US), SecurityScorecard (US), Cyber Indemnity Solutions (Australia), Cisco (US), UpGuard (US), Microsoft (US), Check Point (US), AttackIQ (US), SentinelOne (US), Broadcom (US), Accenture (Ireland), Cylance (US), FireEye (US), CyberArk (US), CYE (Israel), SecurIT360 (US), and Founder Shield (US).”
Cybersecurity Insurance Market by Component (Solutions and Services), Type (Standalone & Packaged), Coverage (Data Breach & Cyber Liability), Compliance Requirement, End User (Technology & Insurance) and Region – Global Forecast to 2028
The Cybersecurity Insurance Market is projected to grow from USD 14.4 billion in 2023 to USD 33.4 billion by 2028, at a CAGR of 18.3% during the forecast period. The scarcity of skilled cybersecurity professionals’ challenges organizations in effectively managing cyber risks. Cybersecurity insurance offers expertise and resources to support organizations in responding to and recovering from cyber incidents.
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Based on insurance type, the standalone segment holds the largest market and…
