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All about Virtualization and Cloud Security | Recent Articles:

Businesses Worldwide Expected to Spend $9 Billion on Cyber Insurance by 2020

Sep 17 by Luana Pascu

Cybercriminals have unwittingly created an impressive, and legal, money-making opportunity – cyber insurance. The cyber insurance market is about to become huge, as experts believe companies will double their spending by 2020 to some 8 billion – 9 billion dollars compared to last year’s average of 3.4 –billion 4 billion, Munich Re, the world’s leading German reinsurance company, recently announced.

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