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Topic

Claims

Cyber Insurance

Blog

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.
Joshua MottaJuly 25, 2024
Cyber Insurance

Blog

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.
Gregory AndersenJune 27, 2024
Cyber Insurance

Blog

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.
Robert JonesApril 24, 2024
Cyber Insurance

Blog

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.
Gregory AndersenMarch 21, 2024
Security

Blog

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.
Scott WalshDecember 05, 2023
Security

Blog

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.
Leeann NicoloNovember 29, 2023
Cyber Insurance

Blog

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.
Adam SmithOctober 10, 2023
Cyber Insurance

Blog

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.
Gregory AndersenSeptember 27, 2023
Cyber Insurance

Blog

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.
Leeann NicoloAugust 14, 2023
Cyber Insurance

Blog

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.
Catherine LyleJuly 14, 2023
Cyber Insurance

Blog

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.
Catherine LyleJune 08, 2023
Cyber Insurance

Blog

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.
Catherine LyleMay 25, 2023
Cyber Insurance

Blog

Threat Actors Aren’t Targeting Your Business — You’re Just Making the Cash Grab Easy

Coalition’s Head of Claims explains why funds transfer fraud is now the top attack method, along with other key findings from the 2023 Cyber Claims Report.
Catherine LyleMay 16, 2023
Security

Blog

Security Alert: Royal Ransomware Targeting Firewalls

Coalition Incident Response (CIR) has observed increased instances of Royal Ransomware among policyholders using end-of-sale firewall appliances.
Leeann NicoloApril 11, 2023
Broker Education

Blog

Help Your Clients Avoid Holiday Cyber Scams

Coalition’s Incident Response Lead, Leeann Nicolo reviews common holiday cyber scams and how to avoid falling victim to them.
Leeann NicoloNovember 08, 2022