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Allianz Global
Corporate & Specialty
Corporate & Specialty
Awareness of cyber threat has grown rapidly in recent years, driven by companies’ increasing reliance on their data and IT systems and a number of high-profile incidents. Cyber incidents rank as the top peril for companies globally in the Allianz Risk Barometer 2020*. Businesses face a growing number of cyber challenges including larger and more expensive data breaches, an increase in ransomware and business email compromise (spoofing) incidents, as well as the prospect of litigation after an event.
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