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Resilience ties 85% of cyber insurance losses to human error
['Alexei Alexis']
CFO Dive - Latest News
Dive Brief:Cybersecurity attacks exploiting human error accounted for 85.3% of incurred losses in Resilience’s portfolio of insurance claims during the first half of 2026, up from 17.7% two years earlier, according to an analysis by the cyber risk firm.
The shift comes as artificial intelligence is making attacks such as phishing and payment transfer fraud more convincing than ever, Resilience said in its Midyear Cyber Risk Report released July 30.
For finance leaders, one of the clearest warning signs is the rising contribution of payment transfer fraud to insured losses.
“Anecdotally, we've seen a shift from traditional business email compromise to more targeted ‘big game hunting’ attacks in the transfer fraud category,” Dressler said.
The result is fewer successful attacks but significantly higher financial losses when they occur,” he added.