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It’s critical for companies to have a full understanding of their affirmative obligations under a cyber policy so that they do not inadvertently jeopardize coverage in the event of a claim. (Image: Shutterstock)

Recent reports confirm that cyber insurance uptake is on the rise.

Driven by recent ransomware attacks, data breaches and a maturing appreciation that 100% cybersecurity is a fiction, more companies are looking to cyber insurance to transfer some of the risks associated with these ever-increasing and serious threats.

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