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In Case of Emergency Break Glass: Cyber Insurance
Cybersecurity threats have been growing year on year, with 2022 seeing ransomware attacks increase by 87% against industrial organizations. If successful, these breaches can come at a high cost; ransomware extortion totaled $456.8 million in 2022, after a high of $765.6 million in 2021. But is cyber insurance the answer? Unlike other forms of insurance,…
