Cybercrime is costing the global economy nearly half a trillion dollars a year, according to the insurer Allianz. It's a major threat to businesses, which are looking for ways to protect themselves.

LOS ANGELES, Oct. 23, 2025 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) recognizes that cyberattacks are on the rise. According to the U.S. Federal Bureau of Investigation (FBI), more than 859,000 ...

Americans lost $12 billion to fraud in 2024, with a significant portion coming from phishing, smishing (SMS phishing), and social media trickery. Individuals have been tricked into handing over ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Cybercrime risk and costs are increasing, and if a business ...

Though typical hazards like flooding, fires and extreme weather all impact day-to-day business operations, a new threat to businesses across the globe has emerged: cybercrime. Some of the world’s most ...

HOUSTON, TX, UNITED STATES, December 26, 2024 /EINPresswire.com/ -- Leading invoice funding company Charter Capital says cybersecurity insurance has become a ...

University of Leeds provides funding as a founding partner of The Conversation UK. Cybercrime insurance is making the ransomware problem worse During the COVID-19 pandemic, there was another outbreak ...

SHEBOYGAN, Wis., Oct. 13, 2022 /PRNewswire/ — In recognition of Cybersecurity Awareness Month, Acuity Insurance — the sole regional insurance provider rated A+ by both AM Best and Standard & Poor's, ...

With the booming advent of large language model (LLM) platforms and generative AI systems, the task of policing cybercrimes has suddenly gotten more difficult and is likely to get even more ...

Insurance professionals must co-operate to fight cybercrime, the director-general of the Association of British Insurers has said, days after one of the worst cyberattacks in Bermuda history.