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Since 2009, specialty carrier Beazley has serviced more than 1,500 data breaches affecting 14 million people. In those five years, Beazley reports a 30% increase in breaches due to malware or hacking. The most common breach is through the physical loss of devices (laptops and USB drives) and unintended disclosure through misdirected emails and faxes.

The costs of data breach are growing. The forensic costs to identify the source and size of the breach are becoming more expensive as data breaches become more sophisticated.

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