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“An Expensive Problem”: Cracking the Cyber Insurance Conundrum

Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has led to a steep rise in the cost of cyber insurance coverage. With stricter demands from insurance providers, leaders are urged to enhance their cybersecurity strategies and understand their insurance policies for better risk management.

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