The Source for Cyber Insurance News, Insights and Data
A Sharp Rise in Senior Scam Losses – Making victims of the vulnerable is nothing new. But apps, phone banking, online banking, AI, and deepfakes are supercharging scams against seniors. Criminals are exploiting digital tools to drain life savings, leaving older Americans devastated. The Federal Trade Commission (FTC) reports staggering increases in scams targeting seniors, … Read more
How to Help Your Loved Ones – Cyber scams targeting seniors are systemic attacks on older adults holding massive intergenerational wealth. BOXX Insurance reports a sharp surge in fraud against older adults. FBI data confirms a record‑high financial toll. Seniors are more digitally active than ever. Pew Research finds that most adults over 65 own … Read more
Cowbell introduces Prime One Tech to UK market Cyber insurance provider Cowbell has launched Prime One Tech, a new product offering professional indemnity and cyber coverage to UK tech companies with annual turnover up to £1 billion. The product offers coverage limits up to £5 million. It targets software, hardware, communications, and tech service firms … Read more
Not long ago we reported on the threat from quishing and brushing. Now the IRS and Microsoft are advising consumers and accountancies about cyber scams linked to tax returns, including “smishing.” What are smishing cyber scams? Read on for a smishing definition. Microsoft Warns of Phishing Attacks Earlier this month Microsoft alerted cyber security professionals … Read more
Rising Family Office Cyber Threats Prompt Urgency Cybercriminals go where the money is, but too many family offices are leaving the vault door wide open. A new report by Deloitte reveals that nearly half of family offices worldwide have suffered cyberattacks in the last two years. Amazingly, 63% operate without cyber insurance. These private financial … Read more