3 ms·
I mean it’s hard to insure a house in a high crime neighborhood that has a steel door and window bars but constantly forgets to lock the front door, and puts va
by tw98521358 4y ago
I mean it’s hard to insure a house in a high crime neighborhood that has a steel door and window bars but constantly forgets to lock the front door, and puts valuables in a safe with a sticky note on the front
- belter 4y agoCould be but in the US alone: "...The 2021 data shows a cyber insurance market, including both U.S. domiciled insurers and alien surplus lines insurers writing business in the U.S., of roughly $6.5 billion in direct written premiums..." https://content.naic.org/sites/default/files/cmte-c-cyber-supplement-report-2022-for-data-year-2021.pdf https://content.naic.org/sites/default/files/cmte-c-cyber-su... The current global market for 2022 is estimated at $12 Billion.
- tw98521358 4y agoAt some point the insurance market will drive better data security practices. Just like shipping insurance made ships better and safer. But it will take time