11 months ago

Insurance companies are among the businesses more reliant than ever on technology and information systems for daily processes. Insurance technology, or insurtech, improves the efficiency of the insurance industry but can also increase https://www.upguard.com/blog/attack-surface, making the data insurers collect more vulnerable to theft.

Firms are much better off improving their cybersecurity than relying solely on a cyber insurance company to bail them out.

Insurance companies should practice strong cybersecurity to prevent cyber attacks from occurring.

Insurance companies work with many vendors and third parties, which increases their cyber risks and attack surfaces.