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6 tips for selling cyber insurance

Cyber insurance is an emerging product with growth opportunities for agents and brokers.

By Rosalie L. Donlon | Updated on June 15, 2015

Not a day goes by without a story about a data breach, hacking incident or theft of personally identifiable information. The latest organization to have its data compromised is the U.S. Office of Personnel Management (OPM), the human resources department for several federal agencies. An estimated four million records of former and current federal employees may have been affected. A more disturbing statement from OPM is that it receives approximately 2.5 billion attacks in an average month.

[Related: Chinese hackers steal 4M federal personnel records: Here’s what the breach means for insurance]

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