SA ranks 14th for the highest average in insurance claims associated with data breaches and cybercrime, and this is all but certain to get worse as cybercriminals harness artificial intelligence (AI), according to a report by Allianz Commercial.
The report by the corporate and speciality unit of global financial services group Allianz indicates that insurance claims involving cybercrime have risen in the past year, due largely to an increase in data and privacy breaches...
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