Cyber Insurance Sector: Fortifying India’s Digital Economy

India’s cyber insurance market is experiencing strong growth and high strategic importance due to increased cyber awareness following the Covid-19 pandemic. A Deloitte report predicts a compound annual growth rate for the sector of 27-30% over the next 3-5 years, from a current valuation of $50-60m. Cyber insurance is becoming an integral part of risk management strategies as escalating cyber threats and the need for business protection grow.