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Understanding the nuances behind cybersecurity insurance policies

Written By: Jason Lund

CoreNet Global’s the SOURCE magazine, December 2022

According to a recent report from Cybersecurity Ventures magazine, cybercrime is expected to account for a loss of $10.5 trillion globally by 2025 – a staggering number that is roughly half of the recorded U.S. gross domestic product in 2021. Unfortunately, many building owners and operators today have a common misconception that their properties are sufficiently covered if a cyberattack were to occur.