As ransomware attacks increase, cyber insurance premiums have risen 58% year-over-year as insurers adapt to the escalating threat landscape facing businesses of all sizes.

New policies now require companies to implement specific security protocols for coverage, including multi-factor authentication, regular security assessments, and employee training programs to qualify for comprehensive cyber insurance protection.

Insurers are developing real-time risk assessment tools using AI and threat intelligence to continuously monitor policyholders' security posture and adjust coverage accordingly, creating a more dynamic and responsive insurance model.