Connected business: digital dependency fuelling risk
In today’s rapidly evolving digital landscape, businesses and organizations worldwide are increasingly dependent on technologies. From automating routine tasks to connecting smart devices, computers and artificial intelligence (AI) tools are revolutionizing the way we operate.
The next five years promise exponential growth in global technology markets. AI-as-a-service market is projected to soar ninefold, from approximately USD 200 billion to an astounding USD 1.85 trillion. Software-as-a-service and infrastructure-as-a-service markets are expected to see significant growth as well.
This digital transformation comes with its own set of challenges. Cybercriminals have been exploiting these advancements to steal sensitive data, extort businesses, and propagate malicious agendas.
With ransomware attacks surging by 74% in 2023 and the increasing complexity of cyber threats, it is crucial for businesses and insurance brokers to stay informed. Our latest resilience report offers a comprehensive analysis of the evolving cyber threat landscape and forecasts for 2025.
Download our comprehensive report now to stay ahead in the new digital era.