Allianz Commercial’s annual cyber risk outlook warns that cyber claims continue to rise, largely due to an increase in data and privacy breach incidents. The first half of 2024 saw an increase in the frequency and severity of cyber claims. “Non-attack” data privacy claims surged due to technological advancements and the growing commercial value of personal data. The risk of data breach litigation is also on the rise in Europe, while Asian firms need to invest more in cybersecurity controls.

Man who stole 2 gold bars from Colorado woman in malware scam sentenced to 6 years in prison
Sagar Patel, 27, has been sentenced to six years in prison by a Colorado judge for stealing two gold bars from a 79-year-old woman. She