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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.

Crime claims on the rise - what to do about it

Please note that Marsh PB Co., Ltd and Marsh McLennan are not engaged by nor involved in any manner with Bonus Ranch and its promotion, and has not placed any insurance for nor insured any of its businesses or operations. Marsh as a licensed insurance broker will not request customers to make payment via non-standard methods, such as the transfer of money to any individual’s bank account.