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Cyber Insurance in Manufacturing On the Rise

December 18, 2017 | Budgeting, Sizing

Manufacturers paid $36.9 million in premiums for cyber-specificinsurance policies in 2016, up 89% from the year before, as factories are increasingly computerized and digitally integrated with other parts of the company. Overall, premiums range from $10,000 to $15,000 for every $1 million of coverage for manufacturers who have $1 billion or morein revenue.


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