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October is Cybersecurity Awareness Month and an opportune time to remind clients of cyber risks and mitigation practices.

Specialty claims tend to run longer than traditional P&C claims due to the amount of data attached to the file.

Many companies are accelerating their digitization efforts. These sudden shifts compound cybersecurity issues.

Insurance companies must connect and make sense of all the data it collects to achieve a complete 'Customer 360' profile.

Cyber-related incidents resulting in damage to physical property have the potential to become an issue as big as data theft or ransomware in the next few years.

A recent report from the FBI's Internet Crime Complaint Center found that email fraud resulted in the highest reported losses.

As of the end of March, the FBI has investigated more than 1,200 complaints of COVID-19-related cybercrimes.

Risk managers and insurance pros can use these takeaways to help prepare clients for today's top cybersecurity threats.