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Insurance Information Institute, Cyber Risks: The Growing Threat (June 27, 2014) (full-text).
Although cyber risks and cybersecurity are widely acknowledged to be serious threats, many companies today still do not purchase cyber risk insurance. Insurers have developed specialist cyber insurance policies to help businesses and individuals protect themselves from the cyber threat. Market intelligence suggests that the types of specialized cyber coverage being offered by insurers are expanding in response to this fast-growing market need.