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Targeting health care organizations gives attackers leverage because these breaches require speedy resolution.
Insurance carriers are battling old cyber threats at the same time that 'adversarial AI' deepens the risk, Datos Insights reports.
In 2023, ransomware claims increased 64% compared with the year prior, At-Bay reports.
This is no longer just an IT issue; it is a corporate challenge requiring C-suite-level asset-protection strategy.
"Profitability in the U.S. homeowners' insurance sector has been weak in recent years."
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.
Legacy technology at Change Healthcare was missing multifactor authentication, giving cybercriminals an easy way in.
No business is too small to fall victim to cybercriminals, says Sam Shay of Socotra.
Overall cyber claims frequency increased 13% in 2023, while claims severity increased 10%, according to Coalition, Inc.
The average coverage gap was 350%, meaning more than three-quarters of the cyberattack was not covered.