Cyber claims frequency dropped in H1, but claims severity spiked 14%: Coalition
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Cyber claims frequency dropped in H1, but claims severity spiked 14%: Coalition

Business email compromise was up 9%, comprising nearly one-third of claims.

  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
coalition logo.png

More than half of all 2023 cyber claims (59%) were a result of either business email compromise (BEC) or funds transfer fraud (FTF), according to cyber insurer Coalition’s mid-year 2024 report.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth

Topics

Gift this article