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Insurance companies are expecting cyber-related losses across all business lines over the next 12 months.
One of the dangers of cybersecurity breaches is that information can be stolen by hackers and not used or sold for several years. (Photo: Shutterstock)I had the opportunity to hear Frank Abagnale speak at a recent IASIU conference in Baltimore. His teen years inspired the Steven Spielberg movie, “Catch Me If You Can.” While the movie romanticized his story, he does not want to be remembered for that part of his life.
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Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
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Market Insights
Third-party breaches are a threat — and many companies aren't ready
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