Cyber Threats and the Rise of Cybercrime
Digitalization, while simplifying many aspects of modern life, introduces significant cybersecurity risks that individuals and businesses must understand. According to the latest Crime Report from Spain’s Ministry of the Interior, over 90% of cybercrime complaints relate to computer fraud, particularly phishing scams.
The increasing reliance on digital technologies, the shift to remote work, and a rise in sophisticated cyberattacks underpin the surge in cybercrime. The Allianz Group’s risk barometer identifies cybercrime as the foremost threat to companies globally for the third year running. In response, the insurance sector is actively developing customer-focused prevention and protection solutions.
allyz Cyber: A Comprehensive Solution
Allianz Partners, a leader in insurance and assistance, has launched ‘allyz Cyber,’ a platform that integrates prevention services, digital assistance, and insurance to safeguard individuals from emerging threats. According to industry data, claims for cyber risks increased by 14% in 2024 for both companies and individuals. Market spending on protection against these risks is projected to grow by 69.94% by 2028.
Key Features of allyz Cyber
To combat these risks, ‘allyz Cyber’ provides functionalities like parental control, online identity protection, antivirus software, data recovery insurance, and expert guidance. Cristina Rosado, Head of the Mobile Devices and Digital Risk (MDDR) line at Allianz Partners, explained, “The continuous evolution of the digital landscape leads us to face risks that sometimes we don’t even know. Victims of cybercrimes face economic and emotional damages that at Allianz Partners we want to alleviate; that’s why we stay at the forefront with solutions like allyz Cyber, which protect our customers and allow them to have control of their digital life.”
Phishing: A Persistent Threat
Phishing remains a significant threat, defined as a social engineering technique where attackers impersonate trusted entities to deceive individuals into revealing confidential information.
