Coalition Finds More Than Half of Cyber Insurance Claims Originate in the Email Inbox
Coalition , the world's first Active Insurance provider designed to prevent digital risk before it strikes, today published its 2024 Cyber Claims Report , which details emerging cyber trends and their impact on Coalition policyholders throughout 2023.
- Coalition , the world's first Active Insurance provider designed to prevent digital risk before it strikes, today published its 2024 Cyber Claims Report , which details emerging cyber trends and their impact on Coalition policyholders throughout 2023.
- The report found that more than half (56%) of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management.
- While these tools can help to reduce cyber risk, using some boundary devices can actually increase the likelihood of a cyber claim if they have known vulnerabilities.
- Download the full 2024 Cyber Claims Report from Coalition to learn more: https://info.coalitioninc.com/download-2024-cyber-claims-report.html .