As cited
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regulatory
Reading between the lines of a cyber insurance policy
The global cyber insurance market reached approximately $16 billion in premiums in 2024, with coverage now widespread across regulated industries, though payouts have become less predictable. The Global Federation of Insurance Associations identified a significant protection gap of roughly $900 billion, indicating a substantial mismatch between actual cyber exposures and available coverage.
Why it matters: Risk managers and security leaders in regulated industries need to understand the true limits of their cyber insurance coverage and identify the exposures that remain unprotected by their policies.
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- First seen by Cybersecurity Tracker