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Is cyber liability insurance right for your clients?

Cyber security has become a chief concern for board members across all industries, but there are still a number of businesses that arent prepared if an attack happens

By Joseph Jaafari | Updated on November 03, 2014

Cyber security has become a chief concern for many industries, but most businesses still aren’t prepared for an attack, according to a new report released by Zurich Insurance and Advisen Ltd.

Cyber liability is, at its core, a liability policy covering third party financial damages that would arise from a network security breach or privacy event, says Catherine Mulligan, senior vice president of Zurich North America whom also specializes in security and privacy.

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