Coalition Releases Cyber Insurance Claims Report Detailing Increased Ransomware Demands in 2021
SAN FRANCISCO, July 27, 2021 /PRNewswire/ -- Coalition, the leading cyber insurance and security provider, today announced the results of its H1 2021 Cyber Insurance Claims Report. Coalition analyzed claims data through June 2021 from 50,000 customers in the United States and Canada. Coalition's analysis reveals that ransom demands have grown substantially over the past year, smaller companies are increasingly targeted, and cyber criminals continue to take advantage of dislocations in how we work.
- SAN FRANCISCO, July 27, 2021 /PRNewswire/ -- Coalition ,the leading cyber insurance and security provider, today announced the results of its H1 2021 Cyber Insurance Claims Report .
- From the first half of 2020 to 2021, Coalition found that funds transfer fraud (FTF) attacks increased 28% and business email compromise attacks increased 51%.
- Coalition's H1 2021 Cyber Insurance Claims Report reveals top cyber crime trends, the continued impact of the COVID-19 on cyber risk exposure, and predictions for the state of cyber crime in 2021 and beyond.
- Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.