The cyber insurance market was estimated to be worth US$6.848 billion in the year 2019. Rising cybercrime is the prime reason behind the surge of this in this market.

Knowledge Sourcing Intelligence announces the publication of a new report on “Global Cyber Insurance Market - Forecasts from 2020 to 2025” to their giving.

The primary factor that is driving the cyber insurance market is the rise in the cybercrimes and wide adoption of the cloud by various end-users across the globe.