The digital risk protection market size is projected to grow from USD 64.4 billion in 2023 and reach USD 157.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. The expansion of the digital risk protection market is driven by the ever-evolving nature of cyber threats, especially in digital risk attacks. With cybercriminals using sophisticated methods like spear phishing and social engineering, organizations across industries need to invest significantly in advanced cybersecurity measures.