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Device Loss
According to CNA’s Robert Allen, chief security officer, and David Hallstrom, underwriting director for risk information, the top loss driver across their customer segment is device loss including laptops, cell phones and other mobile devices. “While this not only implies a physical loss of property, even more importantly, it also creates a threat for sensitive data loss,” Allen says. Read more: CNA, XL Tap IT Expertise for Cyberinsurance