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Cyber Insurance Demand Grows as Cybercrime is Expected to Rise to $24 Trillion by 2027

KnowBe4

As cyber attacks continue to grow in sophistication, frequency, cyber insurers are expecting their market to double in the next two years.

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U.S. Treasury Department Seeks Public Comment On Potential Federal Cyber Insurance Program

Data Matters

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

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State of the EMEA Information Capture & IDP Market 2022/2023

Info Source

In EMEA , the Finance segment, consisting of Banking and Insurance, continues to account for one third of the regional Capture & IDP market in 2022. It provides an in-depth assessment of the Capture and IDP software and solutions market with actuals through 2022 and forecasts through 2027.

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The future of application delivery starts with modernization

IBM Big Data Hub

By 2027, 25% of CIOs will have compensation linked to their sustainable technology impact. Beyond traditional cost reduction methods, addressing sustainability has emerged as an essential part of modern cost reduction approaches. Modernization can substantially address sustainability goals.

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Information Management in the Not-So-Distant Future of Health Care

AIIM

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Telemedicine.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 every year until 2027, pointing to rapid progress and investment in AI-based security. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million, up 15% in three years. The US topped the list at $5.09 million per breach.

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State of the Global Information Capture & IDP Market 2022/2023

Info Source

VERTICAL MARKETS In the Global Capture & IDP market, the Finance Segment (including Banking and Financial Services combined with Insurance) continued to represent the largest industry sector. It provides an in-depth assessment of the Capture and IDP software and solutions market with actuals through 2022 and forecasts through 2027.