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The present is always the perfect time for insurance professionals and insureds to reexamine the ever-evolving cybersecurity landscape.

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Current trends indicate that fraudulent instruction is a prevalent issue to watch. This trend continues to be higher than we would expect it to be, especially when it comes to small businesses. (Credit: zaha/Adobe Stock) Current trends indicate that fraudulent instruction is a prevalent issue to watch. This trend continues to be higher than we would expect it to be, especially when it comes to small businesses. (Credit: zaha/Adobe Stock)

At first glance, the state of cybersecurity hardly seems particularly new as we enter 2023: Threat actors are still using the same kind of ransomware vectors to attack, and we’re still talking about the same need for education and controls. But look beneath the surface, and it quickly becomes evident that targeted companies are facing greater incident complexity than ever before. For organizations looking to stay on top of this evolution, here are some trends our cyber services team members are closely monitoring. 

In the U.S., there is greater incident complexity, including a rise in class actions and a shift in the way threat actors use stolen data. 

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