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Cyber insurance may create false sense of security among senior financial executives at world’s top companies, suggests FM Global survey
July 30, 2019
In a study of more than 100 chief financial officers (CFOs) and other senior financial executives, commissioned by FM Global Australia, one of the world’s largest commercial property insurers, 45 percent said they expected their insurer will cover “most” related losses from a cyber security event, and 26 percent said they expected their carrier will cover “all” related losses.
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