The scope of what insurers are covering is also narrowing as costs go up, said an association representative.| CyberScoop
The figures published by Allianz represent the latest glimpse into how ransomware attacks are becoming exponentially more expensive.| CyberScoop
The woes within the industry could mean significant ramifications for policyholders.| CyberScoop
States are increasingly collaborating with cybercriminal groups to share resources and amplify attacks on critical infrastructure in rival nations, a new report finds.| CyberScoop
Three insurance companies have publicly disclosed cyberattacks in the past week. Scattered Spider, an amorphous band of cybercriminals, has been actively targeting the sector.| CyberScoop
Multiple U.S.-based companies in the insurance sector have already been hit over the past week and a half, according to Mandiant.| CyberScoop