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4+ day, 8+ hour ago (12+ words) Brokers want AI and speed, but not at relationships' expense " Aviva'Insurance Business...
Fraud overtakes ransomware in cyber risk rankings for insurers – Munich Re
1+ week, 2+ day ago (595+ words) Fraud and phishing have overtaken ransomware in CEO risk rankings, with 73% reporting exposure to cyber-enabled fraud in 2025 while claims tied to business email compromise continue to rise, according to Munich Re's Cyber Insurance: Risks and Trends 2026 report. Data from the…...
Cyber scammers refine phishing tactics with AI - Gallagher
2+ week, 1+ day ago (458+ words) Cybercriminals are getting better at blending psychology and technology, with modern phishing attacks built around a simple pattern: a hook, a message that pushes action, and, increasingly, the use of artificial intelligence to make everything look real, according to Gallagher....
Munich Re warns: Small firms underinsured
2+ week, 3+ day ago (336+ words) Small and medium-sized enterprises (SMEs) are increasingly targeted by cybercriminals, yet many remain with inadequate insurance coverage, according to a report by Munich Re. The German reinsurer's Cyber Risk and Insurance Survey 2026 found that nine out of 10 C-level executives worldwide…...
Banking app data exposure raises cyber insurance and breach reporting questions
2+ week, 4+ day ago (439+ words) Customers using the mobile banking apps of Lloyds Bank, Halifax and Bank of Scotland reported seeing other users" transaction details last week, prompting concerns that sensitive financial information may have briefly been visible between accounts. The banks said the issue…...
Major Iran-linked breach rocks medical tech firm
2+ week, 4+ day ago (423+ words) A cyber attack that disrupted operations at medical technology giant Stryker is being viewed by US officials and security experts as a major escalation in Iran's cyber activity against the American homeland, underscoring the growing exposure of US businesses to…...
US-Iran conflict: What Western businesses should know about their cyber risk
3+ week, 22+ hour ago (697+ words) Escalating tensions between the United States, Israel and Iran are raising fresh concerns about cyber retaliation against Western businesses. Yet cyber security experts warn that the most immediate threat may not come directly from Iran's own cyber units, but from…...
Software vendor sues FCIC after regulators reverse agent compensation rules
3+ week, 2+ day ago (198+ words) A crop insurance software company says federal regulators pulled the rug out from under it - after repeatedly approving its business model. At the heart of the dispute is a familiar question for insurers: what counts as agent compensation under the…...
Middle East tensions set to increase demand for cyber insurance - GlobalData
3+ week, 3+ day ago (683+ words) Middle East tensions set to increase demand for cyber insurance - GlobalData'Insurance Business Middle East tensions set to increase demand for cyber insurance - GlobalData Poll shows cyber demand outpacing political, supply chain, interruption lines The Middle East conflict is expected to…...
Australians report rising worries over AI tracking and fraud
3+ week, 4+ day ago (873+ words) Australians report rising worries over AI tracking and fraud'Insurance Business Australians report rising worries over AI tracking and fraud Report urges protections on location data, identity checks, privacy New research shows widespread concern in Australia about crimes facilitated by artificial…...