In the press: Top tips for insurers to improve cybersecurity

Last updated on April 15th, 2020

Originally published in Life Insurance International

Hacking is becoming a relatively effortless procedure, and this is a major concern for many businesses.

Insurance firms, in particular, can potentially be a greater target for cybercriminals. This is due to the large number of capital funds on their systems and the wealth of customer information they can insurance firms improve cybersecurity According to recent surveys, the Financial Services sector suffered 6.3 million cyber attacks in the last year alone.

Recent high profile cyber attacks and the increasing number of them serve as a warning to insurance firms that cyber attacks are growing more sophisticated and that cybercriminals can get past some of the most protected systems.

QuoStar CEO Robert Rutherford explains the two main breach methods insurance firms are susceptible to. As well as several simple ways they can improve cybersecurity to better protect their firm, their reputation and their clients.

Read the article in full on Life Insurance International

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