FTT and ransomware are top drivers of cyber loss, Corvus finds
Reinsurance News - Dec 09, 2022
New data from cyber specialist Corvus Insurance has found that fraudulent funds transfer (FFT) and ransomware are the top drivers of cyber loss in 2022, accounting for over 50% of all claims combined. FFT alone comprised 36% of all claims in Q3, Corvus’s Corvus Risk Insights Index shows, and continu...
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