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Cybersecurity for Insurance

Insurance is under siege. In a world where cyber threats loom large, the stakes have never been higher. With sensitive data at risk and compliance standards tightening, insurers face a dual challenge: safeguarding client information while adhering to industry regulations. As cyberattacks grow more sophisticated, understanding the landscape of cybersecurity for insurance is crucial. It’s not just about protecting assets; it’s about building trust in a vulnerable digital age. Equip yourself with the knowledge to navigate this perilous terrain and ensure your organization's resilience against emerging threats. Don’t let your defenses falter—embrace cybersecurity for insurance today.

Average Loss

$5 Million

In Insurance Sector

Average Attacks

230 Incidents

Globally

Data Risk

$1.2 billion

Personal and financial information compromised

Cyber Security Insights for Insurance

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Challenges

The insurance sector faces a barrage of cybersecurity challenges, primarily due to the vast amounts of sensitive personal and financial data it handles. Common threats include ransomware attacks that can cripple operations and data breaches that expose customer information, compounded by the industry's complex regulatory landscape. Additionally, the reliance on legacy systems makes it a prime target for cybercriminals, necessitating robust security measures and constant vigilance.

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Company Information

Cybersecurity for Insurance
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Compliance Standards

HIPAA

Health Insurance Portability and Accountability Act

GDPR

General Data Protection Regulation

CCPA

California Consumer Privacy Act

SOX

Sarbanes-Oxley Act

ISO 27001

Information Security Management Systems

NIST CSF

National Institute of Standards and Technology Cybersecurity Framework

FISMA

Federal Information Security Management Act

CMMC

Cybersecurity Maturity Model Certification

GLBA

Gramm-Leach-Bliley Act

FedRAMP

Federal Risk and Authorization Management Program

SOC 2

Service Organization Control 2

CIS Controls

Center for Internet Security Controls

HITECH Act

Health Information Technology for Economic and Clinical Health Act

Basel III

International Regulatory Framework for Banks

MAS TRM

Monetary Authority of Singapore Technology Risk Management Guidelines

PIPEDA

Personal Information Protection and Electronic Documents Act

PDPA

Personal Data Protection Act

APPI

Act on the Protection of Personal Information

LGPD

Lei Geral de Proteção de Dados

POPIA

Protection of Personal Information Act

NYDFS Cybersecurity Regulation

23 NYCRR 500

CSA STAR

Cloud Security Alliance Security, Trust & Assurance Registry

ISO 22301

Business Continuity Management Systems

ISO 31000

Risk Management Guidelines

NIST SP 800-53

Security and Privacy Controls for Federal Information Systems and Organizations

NIST SP 800-171

Protecting Controlled Unclassified Information in Nonfederal Systems

COBIT

Control Objectives for Information and Related Technologies

C-TPAT

Customs-Trade Partnership Against Terrorism

GDPR

General Data Protection Regulation

SOX

Sarbanes-Oxley Act

OSPAR

Outsourcing Standard for Banks and Related Financial Institutions

CISPA

Cyber Intelligence Sharing and Protection Act

GDPR

General Data Protection Regulation

Recent Insurance Cybersecurity Incidents

Ready to Secure Your Organization?

Our experts can help you navigate the complex landscape of cybersecurity and implement tailored solutions for your organization.