What unique risks does the entertainment industry face, and how can cyber insurance help mitigate them?
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The entertainment industry faces unique risks related to intellectual property theft, data breaches, online piracy, and ransomware attacks. Cyber insurance can help mitigate these risks by providing coverage for financial losses due to hacking or data breaches, legal expenses, ransom payments, and reputation management costs. It can also offer resources for cybersecurity training and incident response support to help prevent and respond to cyber threats effectively.