Businesses are getting hit harder and more often with cyber attacks in 2023. Ransomware has come roaring back, financial fraud remains a mainstay of the threat actor economy, and third-party compromise continues to loom large. With any digital risk, the key is recognizing that it can’t be solved by passive means: Dynamic cyber risks require an active solution.

We’re excited to share our new data on the latest cyber risks and claims trends in our 2023 Cyber Claims Report: Mid-year Update. This report provides a firsthand look at the most current cyber threats and key trends that can impact your clients, including:

• What contributed to the average ransomware claim exceeding $365,000
• How Coalition used special tactics to recover millions of dollars in fraudulent wire transfers
• Which popular email providers increase the likelihood of experiencing a cyber claim
• Why Coalition policyholders experienced 64% fewer cyber claims than the industry average
• How Coalition handled 52% of reported events at no cost to the policyholder

Learn how to advise your clients on these new and emerging risks and empower them to prioritize their cybersecurity posture.