Cybersecurity is critical for the insurance sector because it handles vast amounts of sensitive personal and financial data. What makes cybersecurity challenging within the insurance field?
- Extended Attack Surfaces: The rise of remote work, reliance on vendors, and cloud adoption have expanded the potential attack points.
- High-Value Information: Insurance deals with valuable financial and health data, making it an appealing target for cyberattacks.
- Industry Scope: The insurance sector's broad reach, encompassing a wide customer base, requires comprehensive data management, amplifying cybersecurity complexities.