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Cybercrime fears drive growing demand for anti-hacker insurance

Thursday, May 11, 2017 - 05:50

The scope of cyber insurance varies from one provider to the other. Typically , it protects against data and network security breaches and associated losses,.


FOR companies and organisations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cybercrime insurance, it's free marketing for what could be a US$10 billion opportunity.


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