The global digital fraud rate decreased in the first quarter of 2022 with suspected online fraud attempts declining by 22.6% from the first quarter of 2021 according to TransUnion's quarterly digital fraud analysis.
The average ransom paid in ransomware attacks in 2021 increased fivefold as compared to 2020 according to the annual survey the State of Ransomware 2022 by cyber security firm Sophos.
Cyber threats, macroeconomic change and geopolitical turbulence will significantly influence the emerging risk landscape according to the annual ORX 2022 Operational Risk Horizon report.
Insurance companies are seeing growth in cyber insurance business in both the individual and corporate segments due to a rise in the number of cyber attacks.
Cyber risks dominate the top five risks facing directors and officers according to the latest annual survey by WTW and Clyde & Co.
Insurance brokers can play a critical role in helping educate customers about how to improve resilience and ensure that they take reasonable steps to protect themselves and increase their cyber security.
A new study conducted by cyber security company Surfshark has found that children in India have the strongest online risk management skills due to their ability to cope with cyber bullying and its consequences.
Cyber attacks and data loss are the top risks facing D&O, with cyber extortion and the growth of ransomware attacks a leading concern, according to a global Directors Liability 2022 survey from WTW and Clyde & Co.
The CyberArk annual research report CyberArk 2022 Identity Security Threat Landscape Report released in April 2022 has revealed that the local Singapore organisations are vulnerable to various attacks as most organisations prioritised maintaining business operations over ensuring robust cyber security last year.
Consumers, aged 18 to 25 tend to focus on personalisation of structures, products and services that flexible and suitable for their budgets, says Generali Sigorta. This is one of seven common characteristics listed by the insurer of the new generation of consumers aged 15-25 to whom technology is central to their lives.