By Newsbreak Producer Tashlan Naidoo - Global financial services company, Allianz Commercial has noted a rise in businesses across the globe insuring against cyber threats as ransom-ware attacks and related cyber breaches are on the rise. According to the Allianz Commercial Cyber Security Resilience Report for 2024, large cyber claims, over one-million-Euros or over 19-million-rand, surged by 14% in the first half of 2024, while their severity escalated by 17%. Mukondeleli Masiza, Complex Claims Handler at Allianz Commercial says while early detection, swift action, and risk transfer solutions are necessary on the part of a business, cyber insurance is critical for the financial safety of a company...

<p>By Newsbreak Producer Tashlan Naidoo - Global financial services company, Allianz Commercial has noted a rise in businesses across the globe insuring against cyber threats as ransom-ware attacks and related cyber breaches are on the rise. According to the Allianz Commercial Cyber Security Resilience Report for 2024, large cyber claims, over one-million-Euros or over 19-million-rand, surged by 14% in the first half of 2024, while their severity escalated by 17%. Mukondeleli Masiza, Complex Claims Handler at Allianz Commercial says while early detection, swift action, and risk transfer solutions are necessary on the part of a business, cyber insurance is critical for the financial safety of a company...</p>

Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.

<p>Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.</p>

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