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Qakbot malware has infected more than 700,000 computers globally and is associated with nearly $60 million in fees generated by ransomware.
Insurers, restoration companies and other vendors are heading to the island to assess damage and begin the rebuilding process.
Technologies such as machine learning and visual intelligence are transforming the insurance experience.
While active shooter events can occur in any jurisdiction, they are more prevalent at certain times of the year.
Companies can implement specific procedures to help mitigate the impact of some phishing and cyberattacks.
Or, how an underwriter taught me proper cyber hygiene practices for the cloud.
Also on the rise: Triple extortion schemes in which cyber criminals exploit multiple ransoms from a single target.
The scammers, hailing from Washington and California, attempted to swindle more than $657,000 from insurers.
The agent, who pled guilty to the charges in 2021, kept more than $4.8 million in premium payments for his personal use.
Insurance pros should review relevant cybercrime coverages with their commercial clients, Lockton suggests.