87% of startups are considering new cyber protection or tools for 2025. (Credit: Bartek/Adobe Stock)

Fully 93% of startups say they carry cyber insurance, up from 86% just two years ago, according to Embroker’s 2024 Cyber Risk Index: Startup Edition.

The increase could be due to growing fears about cyberattacks. Among startup founders, 81% have experienced a cyberattack in their career, up from just 67% in 2022. Most (61%) believe their company is somewhat or extremely likely to face a potential data breach, up from 51% in 2023.

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