Claims
Blog
Funds Transfer Fraud: How Coverage Responds
Your business accidentally sent money to threat actors, are you covered? We'll explore how Funds Transfer Fraud Coverage responds, plus tips for acquiring the right policy to meet your needs.
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Cyber Trend Watch: 6 Key Takeaways from 2024 Claims Data
The only real constant in cyber risk is change. To help you keep up, we’ve compiled key takeaways from our 2024 Cyber Claims Report: Mid-year Update.
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CrowdStrike Outage: Policyholder Guidance and Insurance Implications
The global outage triggered by CrowdStrike has raised questions about how cyber insurance will respond and whether the industry can insure widespread events.
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Familiar Threat Actor Attack Tactics Find New Life
Changes in technology are prompting threat actors to revive old attack methods that may seem ordinary on the surface but still lead to cyber insurance claims.
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The State of Active Insurance: 2024 Cyber Claims Report
Discover the latest trends in ransomware, funds transfer fraud, risky technology, and the state of Active Insurance in Coalition’s 2024 Cyber Claims Report.
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Change Healthcare Attack Fallout: How Coalition is Responding
The attack on Change Healthcare is a reminder of our shared dependency on technology and the ever-present cyber threats facing modern businesses.
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From Widespread Damage to Failure to Launch: The Celebrity CVEs of 2023
The number of CVEs has been steadily rising for years. Coalition reflects on the CVEs from 2023 that were the most (and least) impactful.
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Everything You Always Wanted to Know About Ransomware Negotiation (But Were Afraid to Ask)
Have you ever wondered how ransomware negotiations and payments happen? An Incident Responder breaks down everything from crypto to AI and more.
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Coalition Clawbacks: Putting Stolen Funds Back in Policyholders’ Pockets
When threat actors commit funds transfer fraud, Coalition goes where others can’t to “claw back” stolen funds — recovering an average of $162K per FTF claim.
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How Broker Roles Evolve Alongside Claims Trends
Businesses are getting hit harder and more often with cyber attacks — and they’re increasingly turning to their trusted brokers for guidance.
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Embracing Collaboration Amid Spike in Cyber Claims
Cyber claims are up, mainly due to increased ransomware. Learn what businesses can do and other key findings from the 2023 Cyber Claims Report Mid-year Update.
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Maintaining Credible Data Backups to Minimize Downtime
A manufacturer’s ransomware claim at Coalition emphasizes the importance of maintaining reliable data backups for incident recovery.
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Ransomware Claim Illustrates Importance of Early Reporting
Discover why notification at the first sign of a cyber incident gives businesses the greatest chance at recovering without significant loss.
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How Coalition Recovered $5.5M After Funds Transfer Fraud
After a Coalition policyholder mistakenly wired money to a fraudulent account, our claims team jumped into action and recovered 85% of the initial loss.
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Incident Response Impact: A Tale of Two Cyber Claims
When it comes to cyber incidents, time is critical. Learn why speed matters from two real case studies and how Coalition can help.
