Development Opportunities, Challenges, and  Strategies for Cybersecurity Insurance in the Digital  Economy Era

Yi-Chen  Guo

Development Opportunities, Challenges, and Strategies for Cybersecurity Insurance in the Digital Economy Era

Yi-Chen Guo

https://doi.org/10.37155/2972-4813-0103-3

Abstract

This paper proposes that in the current development of cybersecurity insurance in the digital economy era, there are opportunities such as increasing emphasis on cybersecurity, development of cybersecurity insurance technology, and continuous expansion of the cybersecurity industry. However, some enterprises face challenges such as the lack of industry standards, difficulty in defining data assets, and challenges in securing cybersecurity data, which hinder the development of cybersecurity insurance. This paper suggests that in order to promote the vigorous development of cybersecurity insurance in the digital economy era, strategies such as increasing government regulatory efforts, strengthening management of insurance companies, and enhancing cybersecurity protocol management should be adopted to better address the risks inherent in cybersecurity insurance and promote the vigorous development of China’s digital economy.

Keywords

digital economy era; cybersecurity insurance; development opportunities; challenges; strategies

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References

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Publishing time:2023-09-30
This work is licensed under a Creative Commons Attribution 4.0 International License