Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders

By Sophos

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The report is based on the findings of an independent, vendor-agnostic survey commissioned by Sophos of 5,000 IT/cybersecurity leaders across 14 countries in the Americas, EMEA, and Asia Pacific. The research reveals that investing in cyber defenses to optimize your insurance position is a double win: organizations report both easier and cheaper access to coverage as well as wider benefits such as improved protection, fewer alerts, and freeing up IT time. This finding further emphasizes the importance of considering cyber risk investments holistically, rather than as individual components.

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