CYE Study Unveils Average Cyber Breach Insurance Coverage Gap is 350%, Amounting to $27.3M Average Uncovered Loss
TEL AVIV, Israel, April 17, 2024 /PRNewswire/ -- CYE, the industry leader in cybersecurity optimization platforms, today released its Inadequacies in Breach Insurance Coverage: A Data-Driven Gap Analysis study. This report delves into the depths of cyber risk management, unearthing the critical insurance coverage gaps that threaten organizational stability in the wake of cyberattacks.
- TEL AVIV, Israel, April 17, 2024 /PRNewswire/ -- CYE , the industry leader in cybersecurity optimization platforms, today released its Inadequacies in Breach Insurance Coverage: A Data-Driven Gap Analysis study.
- This report delves into the depths of cyber risk management, unearthing the critical insurance coverage gaps that threaten organizational stability in the wake of cyberattacks.
- In an era where digital threats loom larger than ever, businesses are increasingly turning to cyber insurance as a safeguard against the financial ravages of data breaches.
- Through meticulous examination, the analysis revealed the disparities between insured and uninsured exposures, offering unprecedented insights into the financial aftermath of cyber incidents.