Indian Companies Rush to Buy Cyber Insurance as Digital Risks Mount

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TL;DR

Indian companies are rapidly adopting cyber insurance, driven by global outages and stricter data laws, leading to higher policy sales and expanded coverage for non-malicious tech failures.

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cyber insurancedigital risksIndian companiesdata protectionsupply-chain breaches

Indian companies are increasingly purchasing cyber insurance and expanding cover sizes due to high-profile global outages and tighter data protection rules. Insurers report a sharp increase in policy sales, with companies reassessing digital risks and benchmarking insurance limits to potential revenue loss from system downtime. Coverage is evolving beyond traditional malicious attacks, with a focus on non-malicious technology failures and supply-chain breaches.

Indian Companies Rush to Buy Cyber Insurance as Digital Risks Mount

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