Cybersecurity Investments Surge among Insurers and Asset Managers
Monday, 9 September 2024, 22:40
Cybersecurity Spending Trends
In a remarkable shift, cybersecurity investments have escalated notably amongst asset managers and insurers. According to recent findings, spending on cyber insurance soared over 50% between 2019 and 2023, illustrating a commitment to protecting assets.
Cloud Services Adoption
Alongside this surge, the adoption of cloud services plays a pivotal role in enabling organizations to fortify their defenses against potential cyber threats. As these sectors grow increasingly intertwined, the demand for comprehensive cyber solutions is more pronounced.
- Amplified spending in cybersecurity
- Increase in cyber insurance relevance
- Integration of cloud services for enhanced protection
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.