Insurance for damages caused by hacking crypto exchanges

Insurance for damages caused by hacking crypto exchanges

The Hanwha Insurance Company based in South Korea is to introduce crypto exchange insurance in order to provide compensation for damages caused by hacking incidents. A local media quoted, “Cyber insurance, which (crypto) exchanges have joined in the past, is a compensation for the leakage of personal information, but the new product also compensates for damages caused by hacking.”

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