Is Cybersecurity Insurance Worth It For Modern Digital Businesses Today

Is Cybersecurity Insurance Worth It For Modern Digital Businesses Today

In today’s interconnected digital world, every business—from global corporations to small startups—relies on technology to operate efficiently. From online transactions and customer databases to remote communications and cloud storage, digital systems power almost every aspect of business operations. However, this dependence on technology comes with an alarming downside: the growing threat of cyberattacks. According to recent studies, cybercrime costs are projected to exceed $10 trillion annually by 2025, making it one of the most lucrative criminal enterprises on the planet. Data breaches, ransomware attacks, phishing scams, and insider threats have all increased at an alarming rate. This surge has led … Read more