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.
RISK: Turkish man pleads guilty to leading three global cyberattacks

RISK: Turkish man pleads guilty to leading three global cyberattacks

“There is no such thing as anonymity in the cyber world.”

The Ontario budget and auto insurance

The Ontario budget and auto insurance

New special focus on serious auto fraud

RISK: A third of Canadian companies are economic crime victims: PwC

RISK: A third of Canadian companies are economic crime victims: PwC

Half of internal fraudsters come from middle and senior management

Marsh expects insurers to stay shy over mining, oil and gas

Marsh expects insurers to stay shy over mining, oil and gas

Says the Canadian market will stay competitive and flexible

L.A. hospital pays thousands to end ransomware attack

L.A. hospital pays thousands to end ransomware attack

Paid up 40 bitcoins or about $17,000

A tale of two failed fraudsters

A tale of two failed fraudsters

Lies, investigations and cancelled policies

Business interruption remains top global risk in 2016: AGCS

Business interruption remains top global risk in 2016: AGCS

Fire and explosions are the most common cause of BI worldwide

Manitoba’s top auto frauds in 2015

Manitoba’s top auto frauds in 2015

Investigators noticed hay and dry grass stuffed into one vehicle’s engine

RISK: China develops ranking system for all 1.3 billion citizens

RISK: China develops ranking system for all 1.3 billion citizens

Nobody can opt out

17 percent of SMEs consider themselves too small to be hacked: Zurich

17 percent of SMEs consider themselves too small to be hacked: Zurich

Survey respondents ranked data loss and reputation damage as the biggest cyber risks

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