Cryptomining. 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 like the Marriott incident reported in November 2018, or an automated ransomware attack that extorts bitcoin payments from a medi-spa 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.
Check out the analysis of 2018 Cyber Claims data in the file below.