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As risk awareness grows, will industry-endorsed policies help Australia's cyber insurance offerings?

David Braue (CSO Online) | Sept. 8, 2015
The market for cybersecurity insurance may still be in its infancy in Australia, but the endorsement of a new insurance program by the United States' peak banking association looks set to provide new momentum for insurance efforts in the heavily-targeted banking and financial services industry.

"Providing cutting edge insurance solutions has been a hallmark of ABA Insurance Services since our program's inception nearly 30 years ago," ABA Insurance Services president and CEO John N. Wells said in a statement. "The new policy and loss control resources were built from the ground-up to address real exposures banks face in today's environment."

Source: CSO Australia

 

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