Just five groups are responsible for the bulk of ransomware attacks. (Credit: Pungu x /Adobe Stock)
Cyber claims are rising but ransomware severity is dropping, according to a new cyber report from Cowbell.
The U.S. cyber insurance market saw a record-setting 33,561 claims in 2024, according to NAIC. The report found those claims often fall into three buckets: cybercrime (30%), data breach (34%) and extortion, or ransomware, event (19%).
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Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
