Cyber insurance

In an era where cybercrime is growing exponentially, businesses can no longer afford to ignore cyber insurance. With global cybercrime costs projected to reach $10.5 trillion annually by 2025, according to Cybersecurity Ventures, the financial impact of data breaches and ransomware attacks is devastating. Cyber insurance has become an essential safeguard, providing financial protection and expert assistance in mitigating digital threats.

Cyberattacks continue to pose significant financial and operational risks to businesses worldwide. In recent years, several high-profile breaches have highlighted the urgent need for robust cybersecurity measures and cyber insurance. Here’s a look at some of the most notable cyber incidents that have impacted companies globally.