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Asia's Cyber Insurance Market Shows Signs of Life

ID: a17e81af-63df-5fbf-901e-82159b774bfb

STIX ID: report--a17e81af-63df-5fbf-901e-82159b774bfb

Feed Name: Dark Reading

Threat Score
70/100

Date Published: 2026-05-29

Date Updated: 2026-06-15

Author: Alexander Culafi

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The report describes low cyber insurance penetration across APAC and argues the market is positioned for growth as ransomware activity and inconsistent security postures drive demand; it cites recent high-profile ransomware incidents (Bank of China Singapore branch, Asahi) and highlights active groups such as Qilin and The Gentlemen while recommending organizations prioritize security controls alongside considering insurance.

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