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Protecting policyholders’ identity data from ever increasing cyber attacks is essential for insurancecompanies as they are encouraged by customers to allow more digital access.
Compliance
FedRAMP High far exceeds industry’s best practices such as NAIC’s Insurance Data Security Model Law, and NYDFS
Security
FedRAMP has re-defined cloud security. It is a requirement for all U.S. Agencies including the Department of Defense
Collaboration
Modernize the organization and securely work with third parties
Cybercriminals recognize that insurance companies possess large amounts of personal information on their policyholders, making the insurance industry an increasingly attractive target.
However, only 20% of industry CEOs consider their companies prepared for a cybersecurity event. Cybersecurity measures are critical for insurance firms if they are to maintain trust with customers and stakeholders.
Recent breaches such as First American Title Company, Premera Blue Cross, Ameritas, and Anthem highlights the potential vulnerabilities.
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