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.
Cyberattackers Hide Infostealers in YouTube Comments
Cybercriminals are reportedly targeting people interested in pirated and cracked software downloads by exploiting YouTube and Google search results. Researchers at Trend Micro have observed