Article ID: 57e5bb55b86a570b23609d899aad80634eae4d222d8b613ed9eea8d1daca2f3b
Source ID: secondary:businessinsurance.com
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Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/business-email-compromise-tops-cyber-claims-coalition/
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Business email compromise tops cyber claims: Coalition - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Business email compromise tops cyber claims: Coalition by Matthew Lerner Cyber Risks , Emerging Risks , Technology Australia & New Zealand , Canada , Germany , United Kingdom Mar 5, 2026 Business email compromise was the leading type of cyber incident in 2025, accounting for 31% of claims, as frequency rose but severity declined. Funds transfer fraud, at 27%, was the second most common incident, flowed by ransomware at 21%, and “miscellaneous first-party loss” including email or domain impersonation at 17%. Four percent of claims stemmed from third-party allegations, “as external parties sought accountability for data privacy or security failures,” according to a report Thursday from cyber insurer Coalition. The report is based on data from more than 100,000 Coalition policyholders in the United States, Canada, the United Kingdom, Australia and Germany. Although global claims frequency rose 3% to 1.54%, claims severity declined 19% to an average loss of $116,000 in 2025, Coalition said. Business email compromise followed this pattern, as BEC claims frequency rose 15% to 0.47% as severity fell 28% to an average loss of $27,000. The second most common claim type, funds transfer fraud, differed, seeing a decrease in both frequency, down 18% to 0.42%, and severity, down 14% to an average loss of $141,000. Ransomware claims frequency in 2025 was unchanged at 0.32% as claims severity dropped 19% year-over-year to an average loss of $262,000. Coalition noted “because ransomware claims often take time to develop, we expect these figures to evolve.” Related News New York bill would codify access to out-of-network comp pharmacies March 5, 2026 Senate passes bill to extend death benefits for first responders March 5, 2026 Liberty Mutual reports 37% profit increase in Q4 March 5, 2026 Former Hub executive Macumber joins Highstreet March 5, 2026 Survey: Most Americans ignore insurance until something beeps March 5, 2026 Commercial insurance renewal hikes slow in February: Ivans March 5, 2026 Berkshire Hathaway resumes stock buybacks March 5, 2026 More tankers come under attack as US-Iran conflict spreads March 5, 2026 Beazley’s profit slips March 5, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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