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Data breaches continue to increase, according to figures from Beazley

Data breach insurer projects that ransomware attacks will increase 670%.

By Patricia Harman | Updated on March 15, 2016

Over the past year, the number of data breaches from either malware or hacking have risen substantially according to London-based Beazley, a provider of data breach response insurance.

“We saw a significant rise in incidents caused by hacking or malware in the past year,” said Katherine Keefe, global head of Beazley’s breach response services unit. “This was especially noticeable in healthcare, where the percentage of data breaches caused by hacking or malware more than doubled.” Breaches in the financial services and higher education sectors also increased.

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