“Understandably, ransomware generates headlines, and while we’re encouraged to see more organisations willing to walk away from extortion demands, our claims data shows that old‑fashioned email‑based crime hasn’t gone anywhere,” said Rob Jones (pictured), Coalition’s global head of claims. “BEC and FTF are still powered by social engineering, which targets the individual, and those attacks can be just as damaging to businesses.”
Revealed – what’s changing about cyber claims
