Allianz Commercial reports an increase in cyber claims, with a 14% rise in claims over €1 million in H1 2024 and severity up by 17% due to increasing data and privacy breaches. Claims are expected to stabilize in 2024 after a 30% increase in 2023. ‘Non-attack’ claims relating to privacy violations are becoming more common, with class action lawsuits in this area growing rapidly. A large number of data breaches resulted from weak internal cybersecurity.
Google issues VPN warning to millions over Playfulghost malware
Google has issued a warning regarding the new malware threat known as Playfulghost which is spread worldwide through fraudulent VPN apps using methods such as
