Retailers typically see a 35% spike in cyberattacks during the holiday season, according to a report by Chubb. The company’s most recent Cyber InFocus reports that the risk of cyberattack isn’t lessening – there has been a 116% increase in reported retail cyber claims since 2011.
“While cyber risks are on the rise, the nature of each risk differs greatly by industry and by company,” said Michael Tanenbaum, Chubb executive vice president for North American financial lines. “With more than two decades of cyber claims data, Chubb is able to help clients gain deeper insights into the risks that most affect their specific organization and industry.”
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