Funds transfer fraud, email compromise make up over half of 2023 cyber claims: Coalition
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Funds transfer fraud, email compromise make up over half of 2023 cyber claims: Coalition

Despite a smaller number of claims, ransomware payments hit all-time highs last year.

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More than half (56%) of all 2023 cyber claims were a result of either business email compromise (BEC) or funds transfer fraud (FTF), according to a new report from cyber insurer Coalition, highlighting the importance of email security as...

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