Cyber Insurance Demand Rises Amid Increasing Cyber Threats
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The demand for cyber insurance is surging due to a volatile cyber threat landscape influenced by cloud computing, geopolitical tensions, and evolving cyber threats. A recent survey indicated that 27% of industry insiders expect cyber insurance to see the highest demand increase among insurance sectors. Additionally, 90% of cyber insurance claims in 2024 stemmed from email and remote access vulnerabilities.
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