Google teams up with Allianz, Munich Re to insure its cloud users

FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville

FRANKFURT (Reuters) – Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on Tuesday.

Major insurers have been treading carefully on cyber risks for years, but the tie-up between Google,…


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