Cybersecurity

ABA Partners in Release of Cyber Insurance Purchaser’s Guide

As cybersecurity continues to rank among top concerns of CEOs and board members across the industry, ABA, in partnership with the Financial Services Sector Coordinating Council, has released a Purchaser’s Guide to Cyber Insurance to help organizations weigh their insurance options.

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Report: Costs of Cybercrime on the Rise

The median cost of cybercrime has increased by nearly 200 percent over the past five years -- costing the global economy approximately $450 billion each year -- and will likely continue to grow, according to a report released yesterday by Hamilton Place Strategies.

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