Last year saw an increase in hack or malware incidents by 10%, jumping from 37% in 2017 to 47% in 2018. In Beazley's 2019 Breach Briefing, researchers say this double-digit percentage jump can be attributed to the rise in business email compromise (BEC) incidents, which Beazley reports increased by an overwhelming 133% from 2017 to 2018. BEC, ransomware attacks and banking Trojans were key trends in 2018 and are continuing to evolve into 2019 and beyond as these attacks affect businesses of all sizes across every industry. In Beazley's 2019 Breach Briefing, researchers provide an in-depth look at BEC, ransomware and banking Trojans using Beazley data as well as insight into how these crimes are perpetrated, the challenges posed and best practices for addressing them. In 2018, Beazley Breach Response (BBR) Services managed over 3,300 data incidents reported by BBR insureds, and the number of incidents managed by Beazley since 2009 crossed the 10,000 mark. Data presented in this Breach Briefing is derived from incidents reported to Beazley in 2018. The 2019 Beazley Breach Briefing said that while many sophisticated ransomware attacks are occurring, by and large, the attacks that have come through known vulnerabilities could have been easily prevented. In the slideshow above, discover the top five ways to prevent ransomware attacks against your organization according to Beazley. See also: |

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].