April 23, 2024
Daily News
Moody’s sees greater stability in cyber insurance pricing, benefits from best-practices requirements
The demand for cyber insurance is still running ahead of supply but price increases are easing, according to a report from Moody’s Investors Service, that also finds ongoing challenges in analyzing the impact of major cyber attacks and heightened regulatory interest by governments across the globe.
“Cyber insurance remains an important component of an organization's risk management program. The cyber insurance market will likely grow significantly in the coming years as the vast majority of cyber losses remain uninsured,” the...