Cybercrime costs to hit $10.5 trn by 2025: How insurance may save your biz

Every day, news about cyber attacks floods our screens. Since the pandemic, these attacks have doubled, with major incidents affecting millions, particularly corporates. Take the case of Equifax, a US credit reporting agency, which faced penalties exceeding $1 billion after a significant data breach in 2017 that compromised the information of around 150 million consumers.