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Dedicated cyber insurance market developing rapidly, cover not sufficient: Swiss Re

Posted On: Mar. 9, 2017 5:00 AM CST

A report by Swiss Re Ltd. has said that a dedicated cyber insurance market is developing rapidly across the world, but the scope of cyber cover is modest relative to potential exposure, Middle East Insurance Review reported. Businesses need to do much more to integrate cyber security into their risk management programs and governments may also need to step in, the report said.

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