Article

Cyber Insurance Premiums Are Soaring — And So Are Your Risks

August 6, 2025

The global cybersecurity insurance market is about to explode. A new forecast predicts it will more than double by 2030 — jumping from roughly $16.5 billion today to $32 billion in just five years. That’s a 14% annual growth rate, which in insurance terms is rocket fuel.

Why the sudden surge? And, more importantly, why should law firms (and their clients) care?

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