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Cybercrime fears drive growing demand for anti-hacker insurance
The scope of cyber insurance varies from one provider to the other. Typically , it protects against data and network security breaches and associated losses,.
PHOTO: REUTERS
Munich
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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