Crime Claims on the Rise in Asia

 

From phishing scams, fraudulent bank transfers, to impersonation scams, companies are facing increased threats from known and unknown actors. In this report, Marsh-JLT Specialty focuses on Cyber-related crime, its growth over the last five years, and (more importantly) how to mitigate the risks faced by businesses.

In the first five months of 2020 alone, there has been an almost 30% increase in the number of Cyber-related crimes compared to 2019 — forming 60% of all notifications filed in 2020 year to date. Similarly, clients should also be aware that the rate of employee-perpetrated crime (“Internal Crime”) remains high — with the number of Internal Crime notifications reaching an all-time high in 2019.

Download the report to find out more, including how the numbers have been trending over the recent years,  which industries have been more affected than others, and what are some of the measures that can be taken to mitigate the effects should your organization fall victim to crime.

Disclaimer: Marsh India Insurance Brokers Pvt Ltd is a subsidiary of Marsh McLennan.

Marsh India Insurance Brokers Pvt. Ltd. having corporate and the registered office at 1201-02, Tower 2, One World Center, Plot-841, Jupiter Textile Compound Mills, Senapati Bapat Marg, Elphinstone Road (W), Mumbai 400 013 is registered as a composite broker with Insurance and Regulatory Development Authority of India (IRDAI). Its license no. is 120 and is valid from 03/03/2021 to 02/03/2024. CIN: U66010MH2002PTC138276.