Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus
According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations.
Training the Next Generation of Cyber Ninjas With Continuing Education
As cyber attack methods are constantly evolving, guests on this episode of The Insuring Cyber Podcast offered their best advice for how to evolve with them.
When most of us hear the word "blockchain," we think about cryptocurrencies like bitcoin. But could blockchain technology be used to ... U.S. financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating with Russian ... As cyber threat actors continue to innovate and find new ways to increase their odds of success, panelists at the 2022 Advisen Cyber Risk Insights Conference urged ...
Could Blockchain Make Data Integration a Reality for Insurers?
U.S. Banks Spent $1B on Ransomware Payments in 2021: Treasury
What Cyber Underwriters Miss: Small Businesses Aren’t Using MFA Correctly, Advisen Panel Says
How to Avoid Being a ‘Sitting Duck’ During a Disaster-Related Ransomware Attack
Atlantic Hurricane Season, which runs from June 1 through Nov. 30, had a slow start this year but has begun ramping up as Hurricane Fiona made its way across the Atlantic last week and brought with ...
Cyber Defense Agency Urges Companies to Automate Threat Testing
The U.S. government's cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats. The guidance, from a ...
Phishing Triggered Majority of Cyber Claims in 2022 First Half: Coalition
Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an organization's employees remain the easiest was for cyber criminals to ...Beyond Zeros and Ones: When Cyber Attacks Become Physical
When people think of cyber attacks, they might think of things like phishing, ransomware or data theft. But increasingly, something called cyber-physical attacks are making their way into the ...
How Insurers Can Retain Skilled IT Talent With Workload Automation and Orchestration
Insurance companies faced a growing labor shortage before the pandemic, but now the challenge of hiring and retaining skilled workers is even more significant. In late 2021, millions of Americans ...