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Why You Should Look Closer At Your Cybersecurity Insurance
In 2020, Cybersecurity Ventures projected that global cybercrime costs would grow by 15% annually, reaching a staggering $10.5 trillion USD annually by 2025. This projection underscores the critical need for cybersecurity insurance in today’s digital landscape. Recent high-profile cyberattacks (MGM, Caesars, Clorox) have brought the issue to the forefront, leading to a surge in demand for cyber insurance coverage.