target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: IDC Survey Spotlight - Doc Document number: # US50833422
What Is the Purpose of the Various Cyberinsurance Coverages?
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Abstract
This IDC Survey Spotlight examines the purpose of the various cyberinsurance coverages. A recent IDC survey on trends for security operations centers in the market revealed The following trends:
- Cyberinsurance policy components intend to provide as much financial coverage as possible to reduce the financial impact during major events.
- The predominant coverages include breach response and incident response.
- eCrime coverage is the least popular cyberinsurance component.