The dangers are very real - prepare your business or face termination.
The insurance industry is reliant on substantial IT systems, exposing it to high cyberattack risk. Skilled staff must be onboard and existing staff must be trained in the potential cyber risk exposure.
With cyber insurance coming in leaps and bounds, GlobalData’s Cybersecurity in Insurance report analyzes the industry and its challenges in identifying and preventing the many faces and motives of cyber risks, thereby making cyber insurance policies highly complex.