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A report by the Cyber Security Agency of Singapore found that business email impersonation scams cost local firms $42 million in 2018, up 31% from 2017, Business Insider reported. The report found that businesses and individuals reported 6,179 cybercrime cases, up 15% from 5,351 in 2017.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees