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Insurers back Lockton risk management tools

Cyber insurance underwriters Ace, Hiscox and Brit are backing a set of risk management services launched by Lockton aimed at helping companies build response plans to deal with data breaches before they occur.

The two services, Vendor Risk Management and Contract Governance and Designing a Security Breach Incident Response Plan, address the increasing scope of risks associated with outsourcing/off-shoring

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