Fund Transfer Fraud

Cyber Insurance Claim Count Led by Fund Transfer Fraud, But Ransomware Remains Most Expensive Cost

December 28, 2022

36% of Corvus claims were related to fund transfer fraud in Q3 2022, hitting an all-time high and outpacing ransomware for the first time in a long time. Ransomware cyber insurance claims remain the most costly per incident, however.

Fund Transfer Fraud

Cyber Insurance Claim Count Led by Fund Transfer Fraud, But Ransomware Remains Most Expensive Cost

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