What Does NTT DATA’s Insurtech Report Say About Risk?

NTT DATA Report Highlights Rising Cyber Risk

NTT DATA has released its Insurtech Global Outlook report, which highlights a significant increase in cyber risk outpacing the current insured capacity. According to the report, uninsured losses are projected to surpass US$700 billion by the year 2030. The findings underscore a growing concern in the industry regarding the adequacy of insurance coverage in the face of escalating cyber threats.

Original Source: https://fintechmagazine.com/news/what-does-ntt-datas-insurtech-report-say-about-risk