A Huntress survey of 524 US IT security professionals reveals key cyber insurance trends for 2025. Key findings: 79% of businesses have cyber insurance, but coverage is shrinking — 58% report some decrease over five years. The top barrier to adoption is lack of understanding of coverage options (38%), not cost. Insurers increasingly require security controls like security awareness training (81%), MFA (79%), and EDR (65%) as prerequisites. AI-powered attacks are seen as the biggest emerging threat by 61% of respondents. The cyber insurance market is projected to reach $16.6 billion in 2025. Guidance is provided on what to look for in a policy, including coverage scope, deductibles, exclusions, and claims processes.
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Key Takeaways58% of Respondents Report Some Level of Decrease in CoverageNearly 4 out of 5 Businesses Have Cyber InsuranceThe Majority of Cybersecurity Professionals Feel They Have the Budget to Protect Their OrgsLack of Understanding of Coverage Options Is the Biggest BarrierInsurers Require Several Cybersecurity Measures To Access CoverageData Recovery Is the Most Commonly Covered Cyber Event61% of Businesses Believe AI-Powered Attacks Are the Biggest Future ThreatWhat To Look For in a Cyber Insurance PolicyHow Managed Cybersecurity and Cyber Insurance Go Hand in HandFAQSurvey Methodology5 Impressions