Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest statistics.
Professional services is now the sector hardest hit by cyber claims, followed by financial services. However, incidents continue to spread among a range of sectors, indicating that no industry is immune to cyber-attack.
The long-term trend of increasing claims frequency continued in 2018, with around as many claims as the previous two years combined.
This report offers statistics, analysis and case studies from affected businesses.