IDC Financial Insights Explores the Rising Demand for Cyber Insurance and the Opportunity It Creates for Insurers Worldwide

PRAGUE / FRAMINGHAM, Mass., March 18, 2016 – Increased digitization and interconnectivity have catapulted the risk of cyber threats as one of the top global perils of 2016 and beyond. To combat this risk, many companies will look to insurance as a critical risk management technique that complements improved cyber security measures. IDC Financial Insights outlines the tremendous opportunities for insurers to capitalize on this largely untapped market in a new report,Perspective: Cyber Insurance — Can Technology Help Insurers Overcome Their Skepticism? (Doc #EMEA41044816), and emphasizes some of the tools and models that can help insurers effectively penetrate the emerging market while balancing their risk portfolios. (TZ)

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