Businesses Turn to Cyber Insurance as AI-Driven Attacks Surge in 2025 - Tech

Businesses Turn to Cyber Insurance as AI-Driven Attacks Surge in 2025 - Tech

The steady growth in AI-powered scams has pushed more companies towards cyber insurance, with new data showing that it has quickly shifted from an optional safeguard to a routine part of business risk management. Heimdal Security reveals that 62% of organisations now hold a cyber insurance policy, a steep growth from the previous year. This shows that attacks are moving faster, and firms are working to protect themselves before they are hit. Dan…

Cyber Insurance Becomes Essential Protection as Digital Threats Intensify – citybuzz

Cyber liability insurance has transitioned from optional coverage to an essential element of modern business risk management strategies as digital threats continue to evolve in frequency and sophistication. This specialized insurance serves as a critical financial buffer, transferring the substantial costs associated with data breaches from businesses to insurance carriers, according to a comprehensive analysis of the current market landscape. T…