Allianz says 75% firms still don’t meet its cybersecurity standards

A report by insurer Allianz Global Corporate & Specialty SE said that three in four companies do not meet the insurer’s cybersecurity standards despite growing number of ransomware attacks, Commercial Risk reported. Scott Sayce, global head of cyber at AGCS, said that the frequency of ransomware attacks is more likely to surge before the situation even gets better, with supply chain ransomware attacks thenext big threat for companies.