"Across industries, we continue to see high-profile attacks targeting organizations with weak or exposed infrastructure — which has become exacerbated by today's remote working culture and companies' dependence on third-party vendors," Catherine Lyle, Coalition's head of claims, said in a release. (Credit: Yurii Kibalnik/Adobe Stock)
Overall cyber incidents are down and ransomware attacks are on the decline as more demands are refuted, according to Coalition, Inc., which reported ransomware demands decreased from $1.37 million in 2021's second half to $896,000 in the first half of 2022.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now