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.
FBI calls cyberattack on its surveillance systems a ‘major incident’, flags ‘national security’ risks – The Times of India
FBI calls cyberattack on its surveillance systems a ‘major incident’, flags ‘national security’ risks The Times of India
