A new report released today by cybersecurity insurance startup Coalition Inc. details a rise in cyber insurance claims in 2023, primarily driven by ransomware claims. In 2023, Coalition saw a 13% year-over-year increase in claims, but that was below an historic high in 2021. Overall claims severity increased 10% year-over-year to an average loss amount of […]
The post Coalition reveals uptick in cyber insurance claims driven by ransomware in 2023 appeared first on SiliconANGLE.
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