fraudulent fund transfer Archives

Ransomware Claims Stabilized in 2024, Though Still the Costliest Cyberattack

The majority of cyber insurance claims in 2024 were the result of business mail compromise or funds transfer fraud, according to digital risk insurance provider Coalition. The San Francisco-based ...

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.

Company	Symbol	Close	1 Day Chg
Lemonade, Inc.	LMND	$74.26	+8.47%
Root, Inc.	ROOT	$62.08	+7.63%
Goosehead Insurance, Inc.	GSHD	$66.17	+3.37%
Slide Insurance Holdings, Inc.	SLDE	$17.64	+2.98%
Hippo Holdings Inc.	HIPO	$29.50	+2.01%

Company	Symbol	Close	1 Day Chg
The Allstate Corporation	ALL	$207.55	-3.55%
Horace Mann Educators Corporation	HMN	$43.18	-3.31%
The Progressive Corporation	PGR	$202.29	-2.54%
Enact Holdings, Inc.	ACT	$43.17	-2.31%
NI Holdings, Inc.	NODK	$13.57	-1.52%

* As of February 6, 2026; Source: S&P Global Market Intelligence

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fraudulent fund transfer News

Ransomware Claims Stabilized in 2024, Though Still the Costliest Cyberattack

Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus