US EditionThird-party risk is biggest cybersecurity blind spot
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Third-party risk is biggest cybersecurity blind spot
Third-party risk has emerged as a dominant driver of cyber insurance claims and material losses in 2024, according to new data from leading cyber risk solutions company Resilience. Cyber insurance claims data shows that third-party risk, including ransomware and outages affecting vendors, accounted for 31 percent of all claims in 2024. Even more startling, third-party risk led to claims with incurred losses for the first time ever, making up nea…
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