Cyber insurance claims on the rise

External attacks on companies result in the most expensive cyber insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by number, according to a report from Allianz Global Corporate & Specialty (AGCS). The study analyzes 1,736 cyber-related insurance claims worth EUR 660mn (US$ 770mn) involving AGCS and other insurers from 2015 to 2020. “Losses from incidents such as distributed denial of service (DDoS) attacks or phishing … appeared first on Help Net Security.