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Smaller businesses becoming bigger targets for cyber criminals as claims rise – Coalition

By 2022-09-14T14:43:00

security cyber

The cyber insurer’s head of claims says small businesses ’often lack resources’

Smaller businesses have become bigger targets with an increase in claims, according to the latest report by Coalition.

The active insurance provider’s mid-year update Cyber Claims Report 2022 published today (14 September 2022) revealed that despite this, costs ransomware had decreased as well as overall claims costs and severity.

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