Cyber claims fall but vulnerabilities leave door open to attackers: Coalition

A separate report from Kroll tracks ransomware ‘swarm’

Cyber insurance claims recorded a 22% fall in 2022, helped by a 54% drop in ransomware claims, according to Coalition. But the cyber insurer warned that although claims frequency has stabilised, the risk remains a persistent threat to business; claims severity increased by 7% to an average loss of $...

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