CYBER INSIGHTS: Friday 16 August 2024 – Today’s SME Cybersecurity News & Intelligence

1). CYBERSECURITY INSURANCE: TAKE COVER – The global Cyber Insurance Market size was valued at 11.82bn Euros (USD 12.94bn) in 2022 and is poised to grow from 14.80 (USD 16.21bn) in 2023 to 91.90bn Euros (USD 100.62bn by 2031, growing at a CAGR of 25.70% in the forecast period (2024-2031). According to a new report by SkyQuest, Cyber Insurance is becoming more popular, as the main source of safeguard insurance holders financially, as they insure against cyber-attacks such as identity theft, phishing, email etc…