Thanks, CrowdStrike Outage! 7 Insurance Stocks That Could See Increased Demand for Cyber Insurance.
CRWDCrowdStrike(CRWD) Investor Place·2024-08-01 02:58

The recent CrowdStrike (NASDAQ:CRWD) outage may be bad news for CRWD stock, but it may be a different story for cyber insurance stocks. In other words, shares in property and casualty (P&C) insurance companies that offer cyber insurance products.Cyber insurance policies, as you might have guessed, help businesses manage internet-related risks, including cyberattacks, data breaches, as well as outage incidents like the one listed above. Cyber insurance may make up only a tiny portion of worldwide premium vol ...