Cyber & Fraud | Canadian Insurance
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Cyber & Fraud

Cyber & Fraud Emerging cyber risk offers challenges and new opportunities to brokers and insurers struggling to keep up with the pace and frequency of attacks and finding solutions for clients. On the fraud side, staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario with millions of dollars in fraudulent claims in recent years.
Artificial intelligence to fuel a new cybersecurity race, say experts

Artificial intelligence to fuel a new cybersecurity race, say experts

Cybercrime costs the economy an estimated $3 billion to $5 billion a year

Ontario changing auto insurance system; aiming to tackle fraud, lower rates

Ontario changing auto insurance system; aiming to tackle fraud, lower rates

The province estimates fraud costs as much as $1.6 billion per year

MPs give Equifax Canada’s chief privacy officer a rough ride over data breach

MPs give Equifax Canada’s chief privacy officer a rough ride over data breach

Company criticized for limiting free credit monitoring for breach victims to one year

“Open banking” holds promise but cybersecurity fears loom for Canadian banks

“Open banking” holds promise but cybersecurity fears loom for Canadian banks

Equifax, Uber breaches raise concerns about the future of banking

Total number of Canadians impacted by cyber attack passes 19,000: Equifax Canada

Total number of Canadians impacted by cyber attack passes 19,000: Equifax Canada

The company previously said 8,000 Canadians were affected

Crawford & Company welcomes new cyber leader for Canada

Crawford & Company welcomes new cyber leader for Canada

Neal Jardine brings general adjuster experience and academic background in computer science to the role

The rise of cryptojacking: How hackers hog computer CPUs to make money

The rise of cryptojacking: How hackers hog computer CPUs to make money

Affected computers can become unresponsive, slow down and electricity costs can go up

Canadians blame insurance fraud for high auto premiums: Aviva Report

Canadians blame insurance fraud for high auto premiums: Aviva Report

The insurer estimates fraud could cost policyholders up to $2 billion a year

Uber hack raises disclosure concerns, calls for stronger data protection

Uber hack raises disclosure concerns, calls for stronger data protection

New Canadian legislation requiring disclosure of breaches is on the way

Uber isn’t saying how many Canadians were affected by year-old hack

Uber isn’t saying how many Canadians were affected by year-old hack

The company also admits it paid the hackers $100,000 to destroy the stolen information