Cybercrime looms as a greater threat to individuals and businesses, and very often crimes are committed with few clues left behind. Cybercrime is an expensive loss for NAS’ insured, with 23% of crimes averaging a loss exceeding $200,000. The US cyber insurance market has continued to expand through the year, and has reached almost $2 billion in premium. Phishing attacks, stolen credentials, and telecommunications fraud are just some of the methods that cybercrime takes form. However, there are many ways to mitigate these risks. Read more here.
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