When it comes to cybersecurity, only a quarter felt all employees had a responsibility for cybersecurity, Munich Re reported, which noted cyberattacks often start by targeting an individual employee. Most C-level execs said IT departments are responsible for avoiding cyber incidents (Credit: Den Rise/Shutterstock.com) When it comes to cybersecurity, only a quarter felt all employees had responsibility for cybersecurity, Munich Re reported, which noted cyberattacks often start by targeting an individual employee. Most C-level execs said IT departments are responsible for avoiding cyber incidents (Credit: Den Rise/Shutterstock.com)

Small and midsized companies are expected to see a disproportionate volume of cyber incidents, in turn driving a bulk of the demand for cyber insurance, according to a survey from Munich Re, which expects the market to hit a value of approximately $20 billion by 2025.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

E&S/Specialty
Cybersecurity