The reality of virtual risks
As the threat of virtual risks grows more real by the day, insurers are expanding their cover for cyber-exposure. They are increasingly confident that even smaller businesses that currently have budget constraints on insurance spend, will eventually be forced to protect themselves. Jane Bernstein investigates.
Insuring cyber-risks is a market that is still very much in itsinfancy and as businesses struggle to meet the costs of spiralling
premiums in other areas such as employers' liability, cybercover
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