Best Practices

Now's the time for insurance professionals and insureds to reexamine cybersecurity strategies and coverage.
Online theft, fraud and exploitation were responsible for $2.7 billion in financial losses in 2018, according to the FBI’s 2018 Internet Crime Complaint Center’s (IC3) 2018 Internet Crime Report.
The most costly complaints involved business email compromise, a tool used by bad actors to facilitate many types of cybercrime, from misdirected payment and inventory fraud to cyber extortion.
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