InsurTech Center

The changing face of cyber claims

Current threats are focusing on wire transfer fraud and ransomware.

By James Burns | Updated on October 15, 2018

How cyber crime is changing

The film industry has a rich history of depicting and romanticizing cyber crime, from The Girl with the Dragon Tattoo to Skyfall. While these films might not be true to real life, cyber crime’s frequent portrayal is a telling display of how crime is evolving as our society becomes increasingly reliant on technology.

However, cyber crime today is a far more common threat than anything portrayed in the movies. In the last 20 years, crime has shifted away from the theft of physical possessions, for example, to criminals carrying out the majority of crime digitally.

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