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The crucial role of cyber liability insurance for your business

Cybercrime, particularly social engineering tactics and ransomware, is increasingly threatening the logistics and supply chain industry, including freight brokers. Identity theft, financial loss, and loss of business and contracts can result if sensitive data is compromised. Enabling multifactor authentication, continuous employee training, and cyber liability insurance are recommended preventive measures. Reliance Partners offers specialised cyber liability protection for freight brokers that includes coverage for identity recovery, lost income, ransom payments, lawsuits, public relations, and regulatory fines.

Source: www.freightwaves.com –

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