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.
Bank breaches highlight rise of cyber threats as new exploitation strategies emerge

Bank breaches highlight rise of cyber threats as new exploitation strategies emerge

Data from up to 90,000 clients may have been stolen in attack on BMO, Simplii

BMO and CIBC’s Simplii warn fraudsters may have accessed clients’ data

BMO and CIBC’s Simplii warn fraudsters may have accessed clients’ data

Up to 90,000 customers may have been affected

CIBC’s Simplii says fraudsters may have accessed data of 40,000 clients

CIBC’s Simplii says fraudsters may have accessed data of 40,000 clients

Simplii says victims of fraud will receive 100% of the money lost

Majority of Canadian CEOs feel “very well prepared” for cyberattack: KPMG

Majority of Canadian CEOs feel “very well prepared” for cyberattack: KPMG

Only 26% of CEOs globally feel as confident

New MGA launches cyber offering

New MGA launches cyber offering

Cyberboxx is available exclusively through brokers

Aon, DLA Piper review insurability of GDPR fines

Aon, DLA Piper review insurability of GDPR fines

Fines are insurable in only two of the 30 countries reviewed

Dude, where’s my points?

Dude, where’s my points?

Your client’s customers have had their loyalty points stolen. Now what?

Ottawa’s new privacy rules give businesses flexibility on reporting data breaches

Ottawa’s new privacy rules give businesses flexibility on reporting data breaches

Businesses will be required to inform affected individuals “as soon as feasible”

Canadian cyber security firm announces expansion

Canadian cyber security firm announces expansion

Cytelligence to open offices in four U.S. markets

Cloud-based office solutions becoming common targets for cyber criminals: Beazley

Cloud-based office solutions becoming common targets for cyber criminals: Beazley

A “large majority” of breaches involve Office 365, specialist insurer says

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