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Cyber insurance: What and why?

March 20, 2017

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High-profile cyber-attacks are fast becoming the norm in modern society, with 2016 being arguably the worst year for major security breaches. National Crime Agency statistics released earlier in the year reinforced this, revealing how last year saw cybercrime overtake more traditional forms of crime in the UK for the first time.

Logic suggests that this trend is only progressing in one direction. Why look to target an individual office property when entire businesses can now be financially exploited and brought to a standstill remotely?

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