Indonesia's cybersecurity insurance market has grown significantly by 2026, with over 1.2 million policies covering various sectors. The average premium of IDR 2.5 million reflects increased awareness of cyber risks among businesses. As digital transformation accelerates, the need for robust cybersecurity measures has become critical for sustainability and growth in the Indonesian economy.
Despite this growth, cyberattack costs remain substantial, averaging USD 150,000 per incident. SMEs continue to lag behind larger firms in adopting cybersecurity insurance, but initiatives to boost awareness are underway. The rise in reported breaches underscores the importance of comprehensive cyber defenses and insurance coverage to mitigate financial losses.