India, July 25 -- Over the past decade, India's growth story has been transformational. The country's Gross Domestic Product (GDP) grew by more than 40% between 2014-22, and India is now set to become the third-largest economy in the world. Alongside India's physical economy, the digital economy is also booming. But with great scale comes greater risk.

The country has reached an inflexion point where cyber insurance is emerging as the essential barrier between digital ambition and digital vulnerability. It is the silent engine critical for ensuring India's growth remains uninterrupted.

Today, almost every Indian household uses the internet and digital services in their daily lives, including UPI transactions, online shopping and much m...