Press release
Cyber Security Insurance Market 2019 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects
Get more Information about this Report @ https://www.adroitmarketresearch.com/industry-reports/cyber-security-insurance-market
Rapidly increasing connected devices both for personal and business purposes, have created new vulnerabilities which the cyber-attackers can exploit. Cloud computing, which is used for outsourcing services and storage, brings a lot of benefits as well as risks. A single attack on a cloud service provider would result in data breach loss for many. A major cyber-attack involving an energy or utility company would cause a significant outage of power or physical damage in the future. Hence, increasing awareness of exposure to cyber threat and its potential impact on the company’s business, has driven the demand for Cyber security insurance market.
Request Sample Pages for more Insights @ https://www.adroitmarketresearch.com/contacts/request-sample/485
According to a study done by Ponemon Institute in 2015, the average cost of a data breach was around USD 3.5 million and is expected to increase in the forecast period. These costs include customer notification cost, the costs of reporting a breach to the regulator, PR costs and other legal expenses. Global strengthening of regulations on loss of personally identifiable information (PII) has fuelled the demand for Cyber security insurance across all the sectors. Especially, the General Data Protection Regulation (GDPR) in the European Union (EU) has increased the interest in cyber insurance across Europe. Companies suffering from data breach would be seeing a fine of 4% of their total global revenue according to this regulation. Hence, a big uptick is seen in terms of organizations buying cyber insurance since last year resulting in overall growth of Cyber security market.
For Any Query on the Power over Ethernet Lighting Market @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/485
Key Segments of the Global Cyber security Insurance Market
Organization Size Overview, 2015-2025 (USD Million)
• SME
• Mid-market
• Large enterprises
Industry Overview, 2015-2025 (USD Million)
• BFSI
• ICT
• Healthcare
• Manufacturing
• Retail
• Others
About us:
We are here to provide credible market intelligence with actionable insights. We believe that with the fast changing business environment and rapid turns in economic cycles, a lot is overlooked. With the aid of technology, a large amount of data is produced which is waiting to be analyzed and patterned. The insights which can be mined from such a large amount of data can enable businesses to grow at a pace of their choosing, be it long term goals or short-term goals. Being aware of the market movements allows for agility and agility is one of the highest rated characteristics of modern businesses.
Contact us:
Contact Name: Ryan Johnson
Contact Email: sales@adroitmarketresearch.com
Contact Phone: +1 (214) 884-6068
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cyber Security Insurance Market 2019 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects here
News-ID: 1743480 • Views: …
More Releases from Adroit Market Research
Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Bill …
The global Electronic Health Records market reached a value of US$ 30.65 Billion in 2023 and is expected to reach US$ 47.62 Billion by 2032, exhibiting a CAGR of 6.01% during the prediction period of 2023 to 2032.
Executive Synopsis:
The last few years have seen a notable increase in the global Electronic Health Records market because of technological breakthroughs, rising demand from a variety of industries, and continuous R&D initiatives to…
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 …
The global Organic Food market reached a value of US$ 170.05 Billion in 2023 and is expected to reach US$ 525.65 Billion by 2032, exhibiting a CAGR of 12.09% during the prediction period of 2023 to 2032.
The global Organic Food market report uses methods and major market analysis
To give a thorough picture of the market, the global Organic Food market report uses a range of analytical techniques and frameworks. Market…
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10 …
The global Quantum Computing market reached a value of US$ 888.5 Million in 2023 and is expected to reach US$ 12,622.9 Million by 2032, exhibiting a CAGR of 33.10% during the prediction period of 2023 to 2032.
What is said in the market report for global Quantum Computing
A thorough examination of the market's structure, trends, obstacles, and opportunities is included in the global Quantum Computing market study. A thorough analysis of…
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of …
The global Software as a Service market reached a value of US$ 275.53 Billion in 2023 and is expected to reach US$ 1,230.81 Billion by 2032, exhibiting a CAGR of 19.5% during the prediction period of 2023 to 2032.
Extensive Assessment of COVID-19's Impact on the Worldwide Software as a Service Industry
The COVID-19 pandemic had a substantial effect on the global Software as a Service market, altering market dynamics through supply…
More Releases for Cyber
Cyber Insurance Market to Expand Rapidly, Fueled by Cyber Threats
According to the latest market research study published by P&S Intelligence, the global cyber insurance market is expected to witness significant growth, with a projected rise from USD 16.1 billion in 2024 to USD 65.2 billion by 2032, expanding at a robust CAGR of 19.3%.
This growth is driven by the increasing frequency of cyberattacks, such as data breaches and ransomware incidents, coupled with rising regulatory pressures on businesses to adopt…
Express your Cyber Attitude with Zeelool Cyber Punk Glasses
Zeelool follows the trend of fashion and launches a series of new and unique cyberpunk glasses, its unique futuristic design concept and sense of technology, perfectly interpreting the aesthetic connotation of cyberpunk culture, the frame uses neon transparent material and black lines intertwined, as if with the digital world constructed in cyberpunk novels, awakening the infinite reverie of people for the virtual reality and holographic technology.
Highlights of Cyberpunk Glasses:
…
Cyber Security Market Research Reports, Cyber Security Market Revenue, Issues an …
The Cyber security, also denoted to as IT security, emphasizes on maintenance computers, programs, networks, and data from unrestrained or spontaneous admittance. It contains network security, application security, endpoint security, identity administration, data security, cloud security, and infrastructure security. As the cyber threats have augmented at an alarming rate, security solutions have been achievement traction, worldwide. Solutions such as antivirus software and firewalls have grown-up in involvedness and recognized to…
Cyber Security Market Research Reports | Cyber Security Market Revenue | Future …
The Cyber security, also mentioned to as IT security, emphasizes on maintenance computers, programs, networks, and data from unrestrained or spontaneous admittance. It contains network security, application security, endpoint security, distinctiveness management, data security, cloud security, and infrastructure safekeeping. As cyber threats have augmented at an alarming rate, security solutions have been purchase traction, globally. Solutions such as antivirus software and firewalls have grown up in complexity and demonstrated to…
Market Research Reports Of Cyber Security | Cyber Security Market Growth Analysi …
Cyber security market is very fragmented & highly competitive market that comprises several global & regional players. Cyber Security is a key concern that helps the organizations to monitor, detect, report, and contradict cyber threats for maintaining data confidentiality. As the innovation is developing and new applications are coming into market, programmers are finding the new escape clauses and taking the significant & secret information's from the servers and selling…
Cyber Institute receives Best Cyber Security Education Initiative - USA
The Cyber Institute received the 2019 US Business News Best Cyber Security Education Initiative - USA for their programs to help reduce barriers into cybersecurity and STEM related careers by advancing traditional and non-traditional pathways; for women and minorities in particular. By increasing access to education, employment, and workforce development, we believe they will have greater opportunities for self-determination and self-reliance.
The Cyber Institute received the prestigious international US Business News…
