An increasing awareness and appreciation of cyber risk, from the boardroom to the data center, is driving a 27% increase of Cyber insurance purchases by its U.S.-based clients, says New York City-based global insurance broker Marsh LLC.

According to Marsh’s “Benchmarking Trends: Operation Risks Drive Cyber Insurance Purchases,” released today, this increase continues a pattern of strong growth in Cyber insurance: 32% increase in 2014 over 2013, and a 21% increase in 2013 over 2012. The yearly increase shows that organizations see cyber as a risk to be managed, not merely a problem to be fixed by IT.

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