Cyber claims have increased significantly in 2024 due to data breaches and ransomware attacks, according to Michael Daum, Head of Global Cyber Claims at Allianz Commercial. Businesses are urged to improve cyber hygiene and align risk management strategies with insurers’ expectations to minimise financial consequences and reduce premiums. Better detection and response abilities, alongside the use of AI, can notably aid in lowering the cost of data breach claims.
Teton Orthopaedics informs patients of a ransomware attack discovered nine months ago – DataBreaches.Net
All right, mates, gather round. It’s time for a tale about a real cyber snafu. So, this one starts back on March 25, when Teton
