Allianz: 14% Increase in Large Cyber Claims, Driven by Data Breaches and Privacy Violations October 23, 2024 Cyber claims are continuing their upwards trend over the past year, with the frequency and severity of large cyber claims...
Banks, Financial Industry Hit by Rising Ransomware Attacks March 22, 2023 By Andrew Martin Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made...
Viewpoint: Some Insurers are Delaying Payment on Ransomware Claims October 21, 2021 By Lynda Bennett and Michael Scales Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in...
An Insurance Insider’s View of Municipal Ransomware Claims September 5, 2019 By Andrew G. Simpson The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only...
NAS Says Ransomware Demands Growing Along with Cyber Claim Costs March 26, 2019 Cybercrime claims by policyholders outside the health care sector nearly doubled in 2018, led by financial fraud, often phishing schemes...