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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.

Ransomware attacks may pack the biggest financial punch, but fraudulent fund transfers are an often underestimated foe of cybersecurity.

Learn why small and medium-sized companies are now the 'sweet spot' for digital crooks.

Capacity has not increased in the cyber market and premium rates are rising.

Review how much forensic services cost in the aftermath of a ransomware attack, according to cyber insurance claims data.

Phishing attacks have proliferated as automation makes them relatively cheap and easy to perform.

Wire fraud typically involves cybercriminals posing as a person of authority to trick a business into transferring money.