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Quantifying Cyber: How Insurance Carriers are Meeting the Challenge of Covering an Ever-Changing Risk Landscape

With insurance companies facing an average of 113 targeted breaches a year, it can be argued that cybersecurity is one risk the insurance industry is not prepared for. Prominent breaches, such as the Premera Blue Cross and Anthem attacks, saw a combined 90 million customer records fall into the hands of nefarious actors and the subsequent damage to both customers and carriers cannot be underestimated.

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