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Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard

Cyber claims from small and midsize businesses saw a "material uptick" in 2021, with funds transfer fraud a main culprit, according to cyber insurance and ....

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Coalition Releases 2022 Cyber Claims Report, Detailing Surge in Ransomware

Coalition, the world’ s first Active Insurance provider, today announced the results of its 2022 Cyber Claims Report. Coalition analyzed claims data through 2021 from our Active Cyber insurance customers in the United States and Canada. In the latter half of 2021, the average ransom demand made to Coalition policyholders increased over 20% to $1.8 million. ....

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