Risk management is an essential component of a modern business' cyber security program. We provide cyber security risk management services aimed at fast-growing enterprises that require additional assistance in establishing and managing risk activities. Cyber security risk assessment will assist your firm in the many areas with our unrivalled variety of security services. A cybersecurity risk assessment examines the many information assets that might be harmed by a cyber assault (for example, hardware, systems, laptops, customer data, and intellectual property), as well as the numerous threats that could influence those assets.
According to the new market research report by IndustryARC titled “Cyber Insurance Market By Organization Size (Small and Medium Enterprises (SMES), Large Enterprises), By Types of Coverage (First-Party and Third-Party), By Industry Vertical (Healthcare, Transportation, Retail, Information Technology and Services, Financial Services, Power Generation, Infrastructure and Others) & Geography – Forecast (2018 - 2023)” the market will be driven by the growing awareness against cyber risks and cyber-attacks in many organisations.
Asia Pacific is expected to show a significant growth during the forecast period due to the increase in ransomware attacks.
The retail and manufacturing industries will have the fastest growth during the forecast period due to more cyber challenges in the industry such as digital supply chain management and online operations.Selected Driving Factors Mentioned in the Full Report:Growing cyber-attacks in many organisations will enhance the demand for the cyber security insurance.
Increase in the levels of liability and legislative developments propel the growth of cyber insurance risk assessment.
Growth of the healthcare industry drives the demand for cyber liability insurance policies.Key Players of the Cyber Insurance Market:The key players of the cyber insurance market include American International Group, Chubb Limited, XL Group Ltd, and AXIS Capital Holdings Ltd. American International Group has recently announced the launching of Cyber Edge Plus, a policy that provides clients with primary insurance protection against cyber risks.Related Report:A.
Small and Medium Enterprises (SMES) 2. .