Insurance

Insurance companies are grappling with cybersecurity challenges both as potential targets, due to the attractive data they hold, and as providers of cyberinsurance, which scant actuarial data makes risky.

Regulated industries like healthcare and financial services are facing an increasingly complex regulatory environment, including requirements to rigorously protect sensitive data from the risk of exposure due to the growing use of cloud infrastructure and SaaS applications.

Regulatory compliance has never been simple but today it is more complex than ever before. Regulations are issued and updated at a dizzying pace, frequently spurred by well-publicized cyber breaches and data leaks – many of which have been traced to outsourced and remote users, working on unmanaged personal devices. How can organizations better manage these risks?

Many insurance companies recommend cybersecurity measures to their policyholders. But there may be more they can do to keep attacks from succeeding.