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Cyber insurance uptake slows, firms unsure of benefits

Posted On: Jan. 30, 2019 4:47 AM CST

A survey by U.S.-based IT services firm Spiceworks Inc. found that more than 60% of organizations in Europe and North America have not purchased cyber insurance as firms are unsure of its benefits, CIO Dive reported. The survey found that several firms purchased insurance to safeguard customers' personal data and as part of a greater IT strategy focused on security.

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