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Uptake of cyber cover surges

Posted On: Aug. 20, 2019 5:53 AM CST

Cyber insurance

Insurance broker Lockton Mexico Agente de Seguros y de Fianzas S.A. de C.V. said that the uptake of cyber insurance policies increased 250% in July, driven by cyber attacks on the financial sector, El Economista reported. The Organization of American States said that cyber attacks caused up to $5 billion in financial losses in Mexico.

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