Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals February 2, 2021 By Sarah Skidmore Sell Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses,...
P/C Insurtech Funding Reaches $4.7B Record in 2020 – A Story in Charts February 1, 2021 By Susanne Sclafane After a slow start in 2020, insurtech funding reached a record level of $7.1 billion for the year, with $4.7...
Cryptocurrency Crime Drops in 2020 but ‘Decentralized Finance’ Losses Rise: Study January 29, 2021 By Gertrude Chavez-Dreyfuss Losses from cryptocurrency theft, hacks and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems,...
What Biden’s First Year Might Mean for Job Creation January 27, 2021 By Jonnelle Marte Joe Biden’s first year in office could go down in history as a record-breaker on the job-creation front, with an...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz January 27, 2021 There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according...
Auto Theft Jumped in 2020 January 27, 2021 By Andrew G. Simpson Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines. A...
Consumers Open to Sharing Personal Data with Insurers But Worry About Data Security January 26, 2021 If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers...
European Researchers Turn to AI to Build Better Weather Data January 26, 2021 By Jonathan Tirone European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting...
Nearly Two-Thirds of Global Catastrophe Economic Losses Unaddressed by Insurance January 25, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above...
Prioritizing High-Risk Individuals for Vaccines May Not Be Necessary, Research Says January 22, 2021 A new study suggests that prioritizing vaccination of high-risk individuals has only a marginal effect on the number of COVID-19...