As IT security incursions mount quickly, more public and private organizations are getting cyber insurance policies to mitigate the impact of the breaches. Direct premiums written by cyber insurers have risen from $996 million in 2015 to $2 billion in 2018, a twofold increase. Cyber insurance has become such a hot topic that the Black Hat cybersecurity conference dedicated a three-and-a-half-hour micro summit to the topic last month in Las Vegas. Companies in highly regulated industries such as healthcare, financial services, law and real estate have been the most eager to embrace cyber insurance.”]

