The Cyber Insurance Market was valued at USD 11.2 billion in 2023, growing at a CAGR of ~21.7% during the forecast period from 2024–2032 to reach USD billion by 2032. Cyber insurance Cybersecurity insurance or cyber liability insurance is a special insurance that provides a client financial protection against a loss for cyber threats or risks. Such events may include hacking of an organization’s data, theft of identity, and ransomware to system breakdown which affects business operations. The common risks that are covered by cyber insurance include the cost of data recovery, legal bills, public relations, and informing the affected parties. https://medium.com/@ahasan.univdatos/current-trends-shaping-the-global-cyber-insurance-market-0e1b3d255b4c