Direct cyber insurance premiums have expanded at a cumulative annual rate of 26% since 2015 , rising to $ 2bn in 2018 , but claims grew too, warned Accenture Security in a report. Published: 12:00pm, 28 Jul, 2019 Updated: 11:05pm, 28 Jul, 2019 It said cyber attacks were an increased threat to multiple clients, thanks to cloud computing, leading to higher claims. 2018 , the average cost of US cyber crime was $27m , compared with $27m in Last year , according to Moody’s Investors Service .
Direct cyber insurance premiums have expanded at a cumulative annual rate of 26% since 2015 , rising to $ 2bn in 2018 , but claims grew too, warned Accenture Security in a report. It said cyber attacks were an increased threat to multiple clients, thanks to cloud computing, leading to higher claims. 2018 , the average cost of US cyber crime was $27m , compared with $27m in Last year , according to Moody’s Investors Service .