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Cyber insurance covers over 90% of data breach and first-party losses, says Willis report.

Market News
16 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Willis Towers Watson's latest report reveals that cyber insurance adequately covers more than 95% of average data breach losses and 90% of first-party losses. The analysis of 5,500 cyber claims from 2013 to 2026 shows ransomware causes the highest financial damage, with average losses of $5.3 million and events lasting about 25 days. Third-party vendors contribute significantly to losses, raising concerns about systemic risks. The report highlights the need for organizations to align their cyber insurance coverage with actual risk exposures to avoid gaps and maximize protection value.

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Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Hengdian World Studios saw a major spike in visitors after the Chinese drama Pursuit of Jade, filmed mostly at the studio, topped international streaming charts and search volumes in 15 countries. During the May holiday, over 80,000 tourists visited ...

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Global sputtering equipment market to reach $4.19B by 2035, driven by semiconductor and solar industry growth.

Global sputtering equipment market to reach $4.19B by 2035, driven by semiconductor and solar industry growth.

The global sputtering equipment market is projected to grow from USD 2.41 billion in 2025 to USD 4.19 billion by 2035, at a CAGR of 5.83%. Growth is fueled by rising demand for high-performance semiconductors, flat panel displays, and photovoltaic so...

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Bullish
40 minutes ago
Japan approves Sanofi's Sarclisa subcutaneous formulation for multiple myeloma treatment

Japan approves Sanofi's Sarclisa subcutaneous formulation for multiple myeloma treatment

Japan's Ministry of Health has approved Sanofi's Sarclisa (isatuximab) in a subcutaneous form for treating multiple myeloma, including newly diagnosed and relapsed/refractory cases. This approval follows positive results from the phase 3 IRAKLIA stud...

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1 hour ago
Deep learning market to hit $1.96 trillion by 2035, driven by generative AI and enterprise automation.

Deep learning market to hit $1.96 trillion by 2035, driven by generative AI and enterprise automation.

The global deep learning market is projected to grow from $125.41 billion in 2025 to $1.96 trillion by 2035, with a CAGR of 31.69%. This rapid expansion is fueled by widespread adoption of generative AI, increased investment in AI infrastructure, and...

Market News
Bullish
1 hour ago
Ovarian cancer diagnostics market to reach $8.08B by 2035, driven by AI and biomarker testing advances.

Ovarian cancer diagnostics market to reach $8.08B by 2035, driven by AI and biomarker testing advances.

The global ovarian cancer diagnostics market is projected to grow from $4.92 billion in 2025 to $8.08 billion by 2035, at a CAGR of 5.06%. Growth is fueled by rising ovarian cancer cases, increased adoption of AI-powered imaging, biomarker testing, a...

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2 hours ago
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