The cyber insurance market is projected to grow at a CAGR of 18.3% from 2023 to 2028 as cyber threats rise and organizations face more stringent data protection compliance standards.
Enterprises with standalone cyber insurance policies are most likely to have robust cybersecurity programs and experience fewer breaches, according to Forrester.
MSPAlliance, which dubs itself as the largest and oldest international compliance, standards, and certifying body for cloud and managed services providers, has unveiled its new Compliance-as-a-Service platform.