Allianz

The real cost of data breaches for businesses

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The real cost of data breaches for businesses 2025-01-02 at 06:04 By Help Net Security This article presents key findings from 2024 reports on data breaches. Breaches are taking longer to resolve and are becoming more costly for organizations. With recovery times extending and costs increasing, businesses face growing challenges in managing the aftermath. Full […]

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The future of cyber insurance: Meeting the demand for non-attack coverage

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The future of cyber insurance: Meeting the demand for non-attack coverage 2024-10-25 at 07:35 By Mirko Zorz In this Help Net Security interview, Michael Daum, Head of Global Cyber Claims for Allianz Commercial, discusses the significant rise in cyber claims in 2024, driven by an increase in data breaches and ransomware attacks. Daum highlights the

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Data breaches trigger increase in cyber insurance claims

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Data breaches trigger increase in cyber insurance claims 2024-10-15 at 06:31 By Help Net Security Cyber claims have continued their upwards trend over the past year, driven in large part by a rise in data and privacy breach incidents, according to Allianz. Cyber claims frequency exceeds €1 million The frequency of large cyber claims (>€1

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2024 brings new risks, with cyber incidents in the spotlight

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2024 brings new risks, with cyber incidents in the spotlight 2024-01-23 at 06:31 By Help Net Security Cyber incidents such as ransomware attacks, data breaches, and IT disruptions are the biggest worry for companies globally in 2024, according to Allianz. The closely interlinked peril of business interruption ranks second. Natural catastrophes (up from #6 to

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Public exposure of data breaches is becoming inevitable

Allianz, Artificial Intelligence, cybercrime, cybersecurity, data breach, extortion, News, Ransomware, report, supply chain attacks, survey /

Public exposure of data breaches is becoming inevitable 01/11/2023 at 09:01 By Help Net Security Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of large cyber losses shows the number of cases in which data is exfiltrated is soaring, as

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