Large cyber claims increased by 14% in frequency and 17% in severity in the first half of 2024, continuing an upward trend. Allianz Commercial’s report reveals two thirds of these losses are tied to data and privacy breaches. In spite of increased cyber security investment, breaches were often due to internal weaknesses. Ransomware remained the leading cause of cyber losses.
Teton Orthopaedics informs patients of a ransomware attack discovered nine months ago – DataBreaches.Net
All right, mates, gather round. It’s time for a tale about a real cyber snafu. So, this one starts back on March 25, when Teton