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Canadian businesses seek cyber insurance protection following high-profile hacks

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More Canadian firms are turning to cyber insurance following recent high-profile hacks, reported CTV News.

Firms in the country are looking at cyber insurance to protect themselves from the consequences of data thefts. "The number of attacks are rising, the severity is rising, and when they come, they're more difficult to deal with," said Duncan Stewart, an official at Deloitte & Touche L.L.P. (Canada).

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