UAE cyber insurance market to grow

Cyberassurance dataIndustry experts anticipate a growth in cyber insurance business in the upcoming years.

As cyber attacks increase and technology is increasingly adopted in various sectors, the insured may need to better insure themselves against this type of risk.

Currently, this line of business remains modest in terms of premiums. The reasons behind the limited uptake of the insurance product include a lack of awareness and a lack of clarity in the cyber insurance policy.

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