Cyber Claims 2019 - Video
Claims Intelligence Series
02.08.2019
Topic
Cyber
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics.
Watch EMEA head of cyber Mark Camillo and financial lines major loss adjuster Kathy Avery discuss some of the key highlights from the 2019 cyber claims intelligence report, the implications for businesses and how the risk can be handled.
"We're also seeing that GDPR is affecting the severity of the claims" Kathy Avery, Major Loss Adjuster, AIG
Cyber Claims: GDPR and business email compromise drive greater frequencies
Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up significantly from 11% in 2017. Ransomware, data breach by hackers and data breach due to employee negligence were the other main breach types in 2018.
Get the full 2019 Cyber Claims Report here