Cyber attacks

Breaches are a matter of when, not if they will occur, and businesses can take key steps to mitigate their risk.

Insurers should adopt proactive security measures and build resilience into systems.

Recent data from RSM says large companies made only 2% of cyber insurance claims but accounted for 51% of all incident costs.

Aflac Inc. said a recent cybersecurity breach could have given intruders unauthorized access to customers' personal information

Ransom demands decreased 22% in 2024, according to new Coalition data.

A majority of the insurance industry has strong cybersecurity practices, but is lacking in some areas.

Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs.

Planning for a cyberattack before it occurs can shorten the recovery time when the inevitable happens.

Dave Cunningham, senior case manager for Alvaka shares insights on ransomware attacks, how to avoid them and what victims should do if they are targeted.

Cybersecurity and technology disruption are the two top threats to business growth identified by a Harris Poll of 500 business leaders, commissioned by Chubb.

For carriers covering breach recovery expenses efficient data mining for timely breach response has never been more critical.

AI and the evolution of social engineering risks are making it easier for bad actors to impersonate legitimate organizations to perpetrate scams.

Respondents suggest generative AI, regulations and cyber insurance will all play a role in cybersecurity next year.

The top stories related to cybersecurity within the insurance industry.

Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.

Despite growing ransomware attacks, 32% of corporations lack insurance, according to Nationwide.

When explaining cyber insurance to customers, it's important to focus on common misconceptions.

Despite increased cybersecurity awareness, greater spending on defense, and a maturing industry, cyber threats continue to accelerate at an unprecedented rate.

Humans are often the greatest risks to a company's cybersecurity.

A proactive approach to preventing cyber attacks is the first step in protecting your small business this holiday season.