Cerchia, a Swiss fintech firm, has facilitated the first cyber trade using the PCS Global Cyber industry-loss index trigger. This is considered a milestone in reinsurance, insurance-linked securities (ILS) and risk transfer markets. The trade addresses the growing threat of disastrous losses from cyber events. Cerchia’s platform, which now incorporates the PCS Global Cyber industry loss index, allows companies to directly place bids for coverage. A California wildfire trade has also been completed on the platform.
What is QR Code Phishing (Quishing) ?
QR code phishing, or “quishing,” exploits the popularity of QR codes in phishing attacks. Scammers create malicious QR codes directing users to deceptive websites or
