Cyber-Insurance: The Most Important Type of Insurance in 2017

The worldwide cybersecurity market is defined by market sizing estimates that range from $77 billion in 2015 to $170 billion by 2020. Nonetheless, even at such a scale, cybersecurity service providers are not able to tame imaginative and aggressive pool of talented hackers, exposing vast amount of private data to the public or using it for personal financial gain.

While part of an entrepreneurial community works on eliminating/preventing a threat using advanced technologies, another part created an industry to address hardships organizations experience as a result of a successful cyberattack. Both elements of ...

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