Advisen data show that reports of third-party data breaches skyrocketed to a seven-year high in 2013, after rising steadily since 2005. Slight drops in case count were observed in 2009 and 2012, but the number of reported vendor breaches as tracked by Advisen remains well above the level of just a decade ago.
The Cyber Risk Network will more on this topic in the Weekly Download e-newsletter on Friday.
Erin is the managing editor of Advisen’s Front Page News. She has been covering property-casualty insurance since 2000. Previously, Erin served as editor-in-chief of The Standard, New England’s Insurance Weekly. Erin is based in Boston, Mass. Contact Erin at [email protected].
