"Attackers are building increasingly advanced capabilities to target core banking systems and becoming more aggressive, harming victims' ability to respond to attacks. Online criminals have reacted fast, adapting their approach to hunt out remote working security gaps and prey on the vulnerable," said Adrian Nish of BAE Systems. (Credit: Oleksii/stock.adobe.com)

Since the onset of the pandemic, nearly three-quarters of insurers and banks have experienced an uptick in cybercrime, according to a survey by BAE Systems.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

E&S/Specialty
Corporate Risk
Cybersecurity