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.
LockBit ransomware group falls victim to hackers itself
A data leak has disclosed information about negotiations with victims, Bitcoin wallet addresses, affiliate accounts, and details of attacks.
