data breach losses News

AIR Estimates Marriott Cyber Breach Direct Losses Could Reach $600 Million

Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott disclosed on Dec.1 that it had uncovered a massive data …

Crisis Services Top Insurers’ Cyber Claims Payouts; Average Claim at $674K

New claims costs data reveal a wide discrepancy on costs associated with cyber losses. More than $75.5 million has been spent on cyber claims losses as reported in the latest cyber claims study published by NetDiligence, a cyber risk assessment …