Cyber claims : real-life AXA XL claims scenarios

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      <subfield code="a">The liabilities associated with cyber exposures can devastate your business. A single cyber-attack in the US costs companies, on average, $8.19 million.  This year, we saw a significant increase in ransomware claims in both frequency and severity. We also saw an increased number of claims for violations of the Biometric Information Protection Act (BIPA), business email compromises and social engineering attempts.</subfield>
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