There are several things which are levelling the playing field when it comes to cyber claims. The first is the aforementioned breach notification laws. Previously, claims in the US slanted heavily towards data breaches because notification laws have long been in effect. As cybercrime grows in the US and breach notification laws drive privacy claims in other territories, this should even out. The second is also something briefly touched upon already – real-time payment facilities. The UK’s funds transfer fraud rates are noticeably higher, and the main driver of this difference is the UK’s implementation of the Faster Payments Service (FPS), which allows businesses and consumers to transfer funds instantaneously instead of it taking the day or two it might take in other territories. While convenient, this also means that in the time it takes to spot a fraud, the funds are often irretrievable. As real-time payment facilities are taken up in other places, we expect this to lead to higher levels of funds transfer fraud in those territories in the coming years.