target audience: TECH SUPPLIER Publication date: Mar 2024 - Document type: IDC Survey Spotlight - Doc Document number: # US51949024
Have Cyberinsurance Premium Increases Finally Slowed Down?
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Abstract
This IDC Survey Spotlight highlights the results of a recent IDC survey regarding trends in cyberinsurance premium increases in the market, and the following trends emerged:
- Pre-pandemic cyberinsurance premiums had moderate increases.
- Post-pandemic cyberinsurance premiums had notable increases.
- Pandemic-related causes for dramatic premium increases include a spike in ransomware attacks.