IT Security

September 12, 2024

Crypto-related fraud jumped by 45% last year, FBI says

September 11th, 2024 — In 2023, victims reported more than $5.6 billion in fraud related to cryptocurrency in 2023, a 45% increase from losses reported in […]
February 20, 2024

Big News for Ransomware Victims: Dark-Web Site of World’s Most Prolific Cyber Gang Seized

February 20th, 2024 — In a major blow to the multinational ransomware gang known as LockBit, and a major win for victims who did not pay […]
October 9, 2023

Cybersecurity, Dual Ransomware Attack Concerns as End of 2023 Approaches

October 9th, 2023 — The FBI is warning of the continuing trend of dual ransomware attacks, where victims are rapidly hit with back-to-back encryption events using […]
October 18, 2022

Backup, Backup, Backup…

October 18th, 2022 — As if anyone needed a reminder, keep backups of all critical data! ClaimPro and Gravity Storm have seen firsthand over the years […]
June 8, 2022

Ransomware Attacks, Cyber Claims and Costs to Insurers Continue to Rise

June 8th, 2022 — Potential risk and exposure to insurers who write cyber coverage seems to rise daily in today’s environment. This article highlights the exponential […]
April 15, 2022

ClaimPro & Gravity Storm Crypto Loss Task Force Report: In 2021 a Record $14 billion Worth of Cryptocurrency Was Taken by Scammers

April 15th, 2022 — In 2021 our Crypto Loss Task Force helped insurers sort out numerous claims involving digital assets, among other cyber scams and resultant […]
December 21, 2021

7 Top Cybersecurity Threats for Businesses in 2022

December 21st, 2021 — All signs are that cyber threats, and the need for adequate cyber insurance coverage, will only increase in the coming year. But […]
November 18, 2021

Cybersecurity Vigilance During the Holidays

November 18th, 2021 – Cyber criminals often time their attacks for weekends or over holiday breaks, when businesses may be on lower alert and/or understaffed hence […]
November 17, 2021

Turning the Tables on Ransomware May be Easier Than You Think

November 17th, 2021 – A recent study by Fox-IT cybersecurity analysts provides useful insight into mitigating ransomware-related risk. Most people know that ransomware encrypts victims’ data, […]