Delinea’s Cyber Insurance infographic reveals that nearly 70% of organizations have cyber insurance, and 20% more are considering it, with 97% approval rates upon application. Executive management drives decisions, and 93% of budgets get approved despite rising costs. About 80% of insured organizations have already used their policies, often multiple times. However, over 70% of insurers exclude ransomware payments, and fewer than 50% cover data recovery. Insurers now require strong security controls, with over 40% of companies either meeting or purchasing Privileged Access Management (PAM) solutions to satisfy insurance requirements.

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