Business Insurance reports on the growing concern businesses have in the face of increased hacker attacks and cybersecurity risks. The report notes that breach preparation will place a business in a better position to appropriately respond to an event and, subsequently, improve its ability to receive cyber risk coverage from insurers. Vinny Sakore, CIPP/IT, of Immersion Ltd. says, "With data breaches, experience is critical," adding that it's important for consultants to improve client awareness of data breach issues. Rick Prendergast at Kroll Fraud Solutions says that breach costs have risen 22 percent since 2009, prompting more companies to take breaches more seriously and "to certify that breach training has taken place across the enterprise."
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