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Interest in cyber coverage is at an all-time high, and those who previously thought it a luxury — or not a necessity — are taking a much closer look at their exposures.

A recent Marsh report shows that cyber insurance purchases grew 32% in 2014 when compared with 2013, and up 21% 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,” the report asserts.

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