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International

Underwriters expect cyber risks to increase this year: Survey

January 15, 2024 Reprints

According to a new survey conducted by insurance broker and consulting firm Woodruff-Sawyer & Co., a considerable number of underwriters believe that cyber risks will increase this year, Reinsurance News reported. The survey found that 94% of underwriters are particularly concerned about ransomware attacks, while 75% are worried about supply chain attacks.

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Underwriters expect cyber risks to increase this year: Survey

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