Cybercriminals have become more sophisticated at targeting businesses, causing financial losses, data breaches, reputational damage, and the deaths of many businesses whose principals believed it was unlikely ever to happen to them.
To safeguard against these evolving threats, cybercrime insurance has emerged as a crucial safety net for businesses. In this article, we’ll explore several key reasons why investing in cybercrime insurance is not just a smart decision, but a necessity, a new cost of doing business just as important as, for example, general liability insurance.
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