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The agent impersonated a college employee and fraudulently set up an insurance financing agreement.
The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.
In 2023, the average data breach costs $4.45 million worldwide, an increase of 2% compared to 2022.
COVID-19 lockdowns drove home burglaries down by 19% between 2020 and 2021.
In addition to ransomware, insureds must contend with social engineering, online scams, state-sponsored attacks and more.
An insurer's special investigations unit seeks the truth by surveying each claim individually and independently.
Review the current regulatory environment for data protection as well as how it differs from data security.
Lack of security protocols was the most common exclusion, according to a survey from Delinea.
Is collecting, storing and securing vast troves of data still the prudent move as cyberthreats abound, or is 'overcollecting' resulting in overexposure?
Qakbot malware has infected more than 700,000 computers globally and is associated with nearly $60 million in fees generated by ransomware.