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India's cyber insurance demand grew by 40% in 2018 : DSCI

R Sinduja

News Editor
Image Credit: shortpedia

DSCI says cyber insurance in India grew by 40% last year due to increasing cybersecurity threats & challenges prompt organisations to opt for such solutions to offset financial liabilities in case of a breach. The cyber insurance market is expected to grow at a CAGR of 27% from$4.2 billion in 2017 to $22.8 billion in 2024. The report offers market & technical insights on cyber insurance trends to spread awareness.