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As more and more high-profile cyber attacks are identified, businesses are increasing their investment in cyber insurance to help mitigate their risk exposure in the event their data is hacked. According to U.S.-based insurance broker Marsh in its latest report, Benchmarking Trends: Cyber Attacks Drive Insurance Purchases for New and Existing Buyers, client spending on standalone cyber insurance increased 32% for the first half of 2015. Pricing for cyber insurance also increased – especially for industries that have experienced significant cyber losses. 

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