Cyber & Fraud

Cyber & FraudEmerging cyber risk offers challenges and new opportunities to brokers and insurers struggling to keep up with the pace and frequency of attacks and finding solutions for clients. On the fraud side, staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario with millions of dollars in fraudulent claims in recent years.
Hackers break into the Public Service Labour Relations and Employment Board

Hackers break into the Public Service Labour Relations and Employment Board

It’s not known how long the hackers were in the system

UPDATE: Hackers threaten to release Ashley Madison user info unless site is shut down

UPDATE: Hackers threaten to release Ashley Madison user info unless site is shut down

The dating website for married people claims to have more than 37M members worldwide

RISK: Hackers breached U.S. government systems, stole 21.5 million social security numbers

RISK: Hackers breached U.S. government systems, stole 21.5 million social security numbers

There is no evidence the stolen data has been used

RISK: Surveillance company loses control of spy software after cyber breach

RISK: Surveillance company loses control of spy software after cyber breach

Software maker Adobe says it hopes to patch the bug later Wednesday.

RISK: U.S. military equipment to help NATO allies guard against terror threats

RISK: U.S. military equipment to help NATO allies guard against terror threats

Americans will also help develop cyber defence strategies

RISK: Rich countries vulnerable to cyberattacks, poor countries to terror threats

RISK: Rich countries vulnerable to cyberattacks, poor countries to terror threats

Countries with the greatest cyber risks are South Korea, U.S., UK

Academics, lawyers: social media feeds don’t always reflect mental health

Academics, lawyers: social media feeds don’t always reflect mental health

“…People might use Facebook as a means of ‘keeping up appearances’ by portraying their lives as happy.”

Investigators trawl social media to catch fraud

Investigators trawl social media to catch fraud

It starts like any love story: twenty-something girl meets car. Girl and car get into a crash. Girl files a catastrophic injury claim with her …

Data analytics are spoiling auto fraudsters’ fun

Data analytics are spoiling auto fraudsters’ fun

You might have as many scams as you do car models. The ol’ flash-for-cash is one—where they blink you and try to coax you to …

RISK: ISIS-linked hackers cut transmission to French TV network

RISK: ISIS-linked hackers cut transmission to French TV network

“They have to erase everything. There were at least three other encrypted viruses.”

Copyright © 2018 Transcontinental Media G.P.
Transcontinental Media G.P.