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Public exposure of data breaches is becoming inevitable

Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of …

risk
Cyber risks top worldwide business concerns in 2022

Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. The threat of ransomware attacks, data breaches or major IT …

money
Cyber risk trends driving the surge in ransomware incidents

During the COVID-19 crisis, another outbreak took place in the cyber space: a digital pandemic driven by ransomware. In a recent report, Allianz Global Corporate & …

Snowflake helps financial services organizations leverage data to drive business growth

Snowflake announced the Financial Services Data Cloud, which unites Snowflake’s platform governance capabilities, Snowflake- and partner-delivered solutions, and …

Scott Sayce joins Allianz as Global Head of Cyber

Effective September 1, 2021, Scott Sayce will join Allianz Global Corporate & Specialty (AGCS) as Global Head of Cyber, based in London. He will steer AGCS’s cyber …

Matt Cullina joins Sontiq as head of global insurance business

Sontiq announced the addition of Matt Cullina in the key role of head of global insurance business. Cullina joins the company from Cyberscout, a leader of cyber products and …

New risk protection program improves cloud security posture

Google Cloud, Munich Re and Allianz Global Corporate Specialty (AGCS) announced the Risk Protection Program, a first-of-its-kind collaboration between a major cloud provider …

money
Cyber insurance claims on the rise

External attacks on companies result in the most expensive cyber insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of …

Allianz hires Thomas Kang as Head of Cyber in North America

Allianz Global Corporate & Specialty (AGCS) announced that Thomas Kang will join as Head of Cyber in North America effective June 15, 2020. Based in New York, he will …

Allianz Global Corporate & Specialty appoints Ali Shahkarami as Chief Data Officer

Effective April 1st, Ali Shahkarami (46) will be appointed as Chief Data Officer for Allianz Global Corporate & Specialty (AGCS). In this newly created position, he will …

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