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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.
University of Calgary pays ransom after attack on computer systems

University of Calgary pays ransom after attack on computer systems

Says it couldn’t risk losing the data

Insurance fraud drives up Australian rates

Insurance fraud drives up Australian rates

Report finds 30 percent spike in suspicious claims in one year

Cyber experts at CIFF: insurers could do more over digital threats

Cyber experts at CIFF: insurers could do more over digital threats

“Could affect entire portfolios”

IBM and eight universities to teach computer system to fight cyber crime

IBM and eight universities to teach computer system to fight cyber crime

Average enterprise deals with 200,000 incidents a day

A new way to look at fraud… and prevent it.

A new way to look at fraud… and prevent it.

Cross-industry data-sharing networks help nip phony claims in the bud

How identity theft victims’ information is misused

How identity theft victims’ information is misused

Check out the scary numbers

Beyond the discount: brokers need to understand telematics fully to sell it

Beyond the discount: brokers need to understand telematics fully to sell it

Insightful discussion at Toronto conference

5 percent of Brits are okay with fraudulent whiplash claims

5 percent of Brits are okay with fraudulent whiplash claims

In November, the Chancellor of the Exchequer pledged to address the issue

The $77 million alleged fraudster

The $77 million alleged fraudster

Insurers aren’t sure whether that pirate attack occurred as described

Aviva UK detected 3,000 crash for cash claims in 2015

Aviva UK detected 3,000 crash for cash claims in 2015

Staged accidents dropped 40 percent; induced accidents fell just two percent

Copyright © 2017 Transcontinental Media G.P.
Transcontinental Media G.P.