Latest cyber risks and claims trends from Coalition

Cyber risk is now the single-greatest concern for business leaders globally.¹ Despite critical vulnerabilities reaching an all-time high and global ransom payments surpassing $1 billion in 2023, businesses that reinforced their security controls and embraced partnership with cyber insurance providers were generally more secure.

Coalition’s 2024 Cyber Claims Report provides a firsthand look at the the latest cyber risks and claims trends impacting our policyholders, including:

• How risk selection, research, and active policyholder engagement helped stabilize claims volatility
• Email security trends and how more than half of all claims originate in the inbox
• Which boundary devices are more likely to lead to a cyber claim
• How Coalition recovered over $38M in stolen funds in 2023

Use the helpful insights in our report to protect against fast-moving digital risks.

¹ Allianz, Allianz Risk Barometer 2024