Search
 

5 Types of Cyber Attacks

Treasury and risk management professionals should be familiar with these common types of attacksand how they can affect your business.

By Trudy Knockless, PropertyCasualty360.com | Updated on June 22, 2016
Interest in cyber coverage is at an all-time high, and those who previously thought it a luxury—or not a necessity—are taking a much closer look at their exposures.

A recent Marsh report shows that cyber insurance purchases grew 32 percent in 2014 when compared with 2013, and were up 21 percent in 2013 over 2012. “The yearly increase shows that organizations see cyber as a risk to be managed, not merely a problem to be fixed by IT,” the report asserts.

Damian Caracciolo, vice president and practice leader at CBIZ Management & Professional Risk, said that cyber attacks affect all industries, but the type of attack deployed depends on the industry to which the company being targeted belongs. In 2015, the health care, financial services, retail and education sectors were those that saw the greatest number of cyber incidents.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2025 ALM Global, LLC. All Rights Reserved.