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The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.
The 70-year-old woman was ordered to pay $155,870 in restitution to Travelers Insurance.
Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.
Review five ways businesses can actively address growing cyber risks.
When it comes to digital threats, cyberattacks are by far the risk that mid-market executives are most concerned with.
Just 20% of workers believe 'most or all' of their job functions could be replaced by AI, according to edX for Business.
The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.
More than 40% of policyholders think education level shouldn't be considered when setting personal auto rates.
The defendants involved in the alleged scheme said the records were irrelevant and privileged, as the criminal charges were dismissed.
Since April, more than 500 felony charges have been filed and 132 vehicles, valued at $11.5 million, have been recovered.