In the first half of 2024, cyber liability claims severity rose 14% to an average loss of $122,000, largely due to ransomware, according to a Coalition Inc. report. Business email compromises were the top cause of loss, accounting for 32% of incidents. Businesses with more than $100 million in revenue saw the biggest surge, with claim severity up 140%.
Technical Issues
Hello, San Francisco Bay Area cyber-philes and healthcare enthusiasts! Let’s talk about something that’s been buzzing around in our minds lately. The fascinating world where