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Why More Businesses Are Buying Cyber Insurance Policies

No company is safe these days from a cyber attack. And that’s good news for the insurance business.

Increasingly companies are trying to hedge costs associated with attacks on their networks by purchasing cyber insurance. Not only are more start-ups and established insurance providers getting into the cyber insurance business, but more companies including mom and pops are paying for insurance against cyber criminals.

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This article originally appeared on Recode.net.