There are a number of factors fueling the rise in supply chain attacks, such as victims being more willing to pay ransoms, escalating international tensions, larger and more interconnected networks, and the ease of anonymous payments through cryptocurrency.
Companies need to make sure that they are prepared to address these employee concerns that have been on the rise since the start of the COVID-19 pandemic.
Tom Egglestone, international claims leader in the UK and Europe for Resilience, discusses the cyber vulnerabilities and issues insurers should focus on for themselves and their policyholders in this podcast.
The beginning of the year is a great time to review your homeowners coverage so you aren't left underinsured if you encounter one of these common claims.