Home Gadgets Insurance Company Offers First-Ever ‘Cyber Catastrophe Bond,’ Which Seems About Right

Insurance Company Offers First-Ever ‘Cyber Catastrophe Bond,’ Which Seems About Right

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This week, London-based insurance giant Beazley announced the launch of the first ever “catastrophe bond” for cybersecurity insurance. Given how disastrous the average cyberattack has become, that pretty much tracks.

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Source: gizmodo.com