AIR+19 Nov 2020

Internal lapses main cause of most cyber claims

| 19 Nov 2020

The majority of cyber insurance claims are the result of employee mistakes and technical problems, although external cyber attacks are responsible for the more expensive cyber losses. This is according to a new report by Allianz Global Corporate & Specialty (AGCS), which analysed more than 1,700 cyber claims worth $770m from 2015 to 2020.

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