IDC Financial Insights Explores the Rising Demand for Cyber Insurance and the Opportunity It Creates for Insurers Worldwide

PRAGUE / FRAMINGHAM, Mass., March 18, 2016 – Increased digitization and interconnectivity have catapulted the risk of cyber threats as one of the top global perils of 2016 and beyond. To combat this risk, many companies will look to insurance as a critical risk management technique that complements improved cyber security measures. IDC Financial Insights outlines the tremendous opportunities for insurers to capitalize on this largely untapped market in a new report,Perspective: Cyber Insurance — Can Technology Help Insurers Overcome Their Skepticism? (Doc #EMEA41044816), and emphasizes some of the tools and models that can help insurers effectively penetrate the emerging market while balancing their risk portfolios. (TZ)

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About IDC  – International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 46 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.Follow IDC on Twitter at @IDC.

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