In 2024, Kovrr identified several cyber loss scenarios which all materialized, demonstrating the value of data-driven forecasting in managing cyber risks. Some of the major incidents were data breaches and ransomware attacks at companies such as UnitedHealth, Okta, Snowflake, and CrowdStrike. The report highlights risks such as business email compromise (BEC) scams and credential theft, and underscores the importance of tailored cyber risk quantification assessments in managing a company’s specific financial exposure levels.

North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to