Category: #cyberrisk

FBI Reports Elder Fraud Is On The Rise, Strengthening The Case for Personal Cyber Insurance

FBI Reports Elder Fraud Is On The Rise, Strengthening The Case for Personal Cyber Insurance By Neil Rekhi, Personal Cyber Product Lead, HSB Targeting of the demographic with the most to lose increases. In 2023, total losses reported to the FBI’s Internet Crime Complaint Center (IC3) by people over the age of 60 topped $3.4 […]

The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. These attacks caused a five-year high of $12.5 billion in losses, with investment scams making up $4.57 billion, the most for […]

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