One in six businesses targeted by cyberattacks in 2020 faced ransomware, and about half of these companies paid the demanded ransom, making it a lucrative cyber threat and increasing insurance losses. (Credit: nadia_snopek/Adobe Stock) One in six businesses targeted by cyberattacks in 2020 faced ransomware, and about half of these companies paid the demanded amount, making it a lucrative cyber threat and increasing insurance losses. (Credit: nadia_snopek/Adobe Stock)

Strong cybersecurity and ongoing cybersecurity training are increasingly crucial for insurers and policyholders, and a big part of the process is knowing when company or personal accounts have been compromised. Cyble, a cybersecurity leader in advanced AI and machine learning, relaunched its AmIBreached program in April 2024 to give consumers the ability to detect and mitigate risks involving the dark web, such as data sharing. The AmIBreached update aims to address an urgent need as cyber threats worsen worldwide.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ashley Hattle-Cleminshaw

Ashley Hattle-Cleminshaw serves as ALM's PropertyCasualty360 Senior Editor. She brings 10 years of experience in journalism and communications to the editorial team. Reach her by sending an e-mail to [email protected].

Artificial Intelligence
Technology Implementation
Technology Solutions
Commercial Lines
E&S/Specialty
Personal Lines
Reinsurance
Cybersecurity
Property & Casualty