A report by Deloitte predicts that the cyber insurance market in India will grow by 27-30% in the coming years. The current market is valued at $50-60 million and has maintained a steady compound annual growth rate (CAGR) of 27-30% over the past three years. The growth is expected to continue due to increased awareness of the need for cyber insurance. Industries heavily involved in digitization, such as IT, pharma, and manufacturing, are identified as prime targets for cybercriminals and are early adopters of cyber insurance.
from Banking/Finance-Industry-Economic Times https://ift.tt/Sm7OHTj
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