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Once bitten, twice shy, third time get insurance. The attack on Baltimore was one of the most extensive hacks on a US municipality. I wonder how your premiums are affected when you buy cyber insurance if you are hacked twice.
Interestingly Moody’s the credit rating agency criticized the municipality for under investment in its IT. Investors are increasingly scrutinizing the management of cyber security and its impact on shareholder, or consumer, value.
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