Directors and officers (D&O) liability insurance loss ratios have not improved in the past two years, even amid sizable rate increases and the fact that the line faces both emerging and long-standing challenges, according to an AM Best report
While these email-based scams remain a pressing concern, a new form of phishing—known as smishing—has emerged over the years, creating additional cyber exposures for businesses and individuals alike.
Ransomware attacks on critical infrastructure increased in 2021, hitting 14 of the 16 critical infrastructure sectors in the United States, according to a report from cybersecurity authorities in multiple countries.