Cybersecurity is the top technology concern of financial advisors and broker-dealers, according to polls done by the Investment Adviser Association and Investment Advisor magazine.
Addressing this issue are cyber insurers, who work in a market that could grow to $17.6 billion in 2023, from about $4.5 billion today, Orbis Research says. Driving this growth are factors like data breaches and the growing use of cloud-based services.
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