Tuesday, 19 September, 2023

European Cyber Insurance Startup Stoik Secures $107 Million, Expands to Germany

Stoik, a European cyber insurance startup, has raised $107 million in funding and announced its expansion into the German market. The investment will enable Stoik to enhance its cybersecurity offerings and expand its presence in Europe, offering insurance solutions to protect businesses against cyber threats. This development reflects the growing demand for cyber insurance amid increasing cybersecurity concerns and the company's commitment to addressing these challenges.