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Thursday, January 15, 2015

Demand for cyber insurance skyrockets


By Cory Bennett
Demand for cybersecurity insurance is booming as a string of high-profile hacks and data breaches spurs explosive growth in what has suddenly become a $2 billion industry.
The recent cyberattack on Sony Pictures Entertainment, which brought losses and public embarrassment to the company, has only accelerated years of steady growth that is expected to expand into new sectors of the economy in 2015.

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