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When it comes to cyber threats and how they continue to evolve, Adam Cottini, managing director of Gallagher's Cyber Liability practice, offers a chilling assessment: "You have the known, and the massive unknown."

The potential damages are at once serious and extensive: Physical loss. Financial loss, in myriad forms. Reputational loss. All of these perils are woven into a threat from which no insured is truly safe, regardless of their size or the industry in which they operate. As the digital frontier expands, every single client, to a greater or lesser degree, is exposed.

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