The Hackers Are Coming! How Safe is Your Customer Data?
Jasmine Kees
Sector Head @ Reuters Events | Brand Experience, CX, Marketing, Service, Customer-Centricity, DEI
It has been said that ‘data is the new gold’. Whether this is true or not, the prevalence of cyber-attacks shows no signs of slowing down. In fact, insurance carriers now face approximately 113 targeted attacks each year, with one third being successful. In the face of three effective attacks per month, how can insurers protect customer data?
Insurance carriers already hold enormous amounts of personal data, but as they shift towards deeper personalization, integration of connected technologies and the use of advanced analytics requiring even more data, opportunities for cybercrime increase.
But tightening margins and ever-increasing customer demands mean insurers must do more with less, driving innovation to deliver connected products that integrate seamlessly with customers’ lives whilst still delivering high levels of service and remaining profitable.
Insurance carriers need a long-term strategy for data security.
Register for the free webinar, “The Cyber Security Crisis: Protecting Customer Data as Hackers Advance” (Wednesday, August 8th at 11am CT). And if you can't attend we'll send you the recordings!
Insurance Nexus will be joined by Stephen Fried, IT Security Threat and Identity Management Director at American Family and Travelers’ Director, Cyber Security Risk,#
- Investing in your infrastructure and securing your environment: The openness of the information environment poses a new risk, and as other financial services up their cyber security, hackers are taking to the ill-prepared insurance industry
- Knowing and limiting access to non-employees: Be consistent in your management of risk by understanding your ecosystem of third party suppliers and other non-employees with access to data
- Activating your response and recovery program: Take away exclusive insight on the most (and least) successful drills, simulations and pressure-testing used by the top insurance carriers
Register for the free webinar, “The Cyber Security Crisis: Protecting Customer Data as Hackers Advance” (Wednesday, August 8th at 11am CT).
In light of recent tightening of data-protection laws and the exponential rise in global cybercrime across all industries, there has never been a better time for insurance carriers to develop watertight cyber security strategies. Is your organization doing all it can to protect your customer data?
I hope you can join us for the webinar!