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Cyber insurance demand climbs

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Demand for cyber insurance is increasing among Indian businesses, reported Business Standard.

The country's National Crime Records Bureau said that cybercrime increased 350% from 2010 to 2013. A number of surveys have found that Indian businesses have the largest threat from cyber risks. There is a growing need among firms to cover cyber liability risks, said Reliance General Insurance Co. Ltd. chief executive Rakesh Jain.

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