Cyber terrorists are equal-opportunity attackers. They have targeted businesses ranging from small mom & pop enterprises and sole-proprietorships to hospitals, schools, government entities, multi-national corporations, and even insurance companies. CNA, Aon and Lloyd's of London are just several of the insurance entities targeted by ransomware attacks and hackers.

Cyberattacks can be state-sponsored by foreign governments, the work of gangs who have made ransomware a very successful business model, or by other bad actors seeking money, information, or intent on disrupting the operations of a business.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]