Tag Archives: ransomware

Analysis of 2018 Cyber Claims Data

This entry is part 30 of 30 in the series Data Security

Society Insurance 2019 Cyber Claims Digest

Ransomware. Business email compromise. Spear phishing. This is the new language of business risk. Whether it’s a massive data breach that exposes customer information, or an automated ransomware attack that extorts bitcoin payments from a small business owner, the cybercrime wave continues to swell as the cybercrime economy becomes more sophisticated.

The threat of cyber attacks continues to top the list of executive concerns around the globe. According to the latest survey by The Conference Board, US-based CEO’s rank cybersecurity as their number one concern.

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What Your Business Needs to Know About Ransomware and Cyber Extortion

This entry is part 23 of 30 in the series Data Security
Did you know that ransomware attacks are now one of the most popular cyberattacks, surpassing hacking and physical theft in cyber claims activity? The FBI estimated ransomware to be a $1 billion crime in 2016 and research reported that 42% of small and medium-sized businesses were hit by ransomware attacks.

What is Ransomware?

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