Stolen Client Laptops 2 laptops from the service provider containing the data of over 80,000 clients of the retailer. Payout: $1,200,000
Rogue HR Employee Terminated employee steals confidential information from customer files. Payout: $3,500,000
IT Company Spyware Attack An employee opened a phishing email on her work computer, for 2 weeks the spyware emailed over 1,000 screenshots of confidential data on 150 customers. Payout: $5,300,000
Ransomware at Data Company A U.S. based IT company contracted with an overseas software vendor which left certain “administrator” defaults on the company’s server and a “hacker for hire” was paid $20,000 to exploit the vulnerability. Payout: $4,600,000
Top 12 Security Controls As Recommended by Cyber Insurers