The insurance sector has seen a notable rise in the number of cyberattacks in the past two years. Cybercriminals or spammers know that insurers collect, store, and use their policyholders’ personal information in large amounts. This is one of the biggest reasons why the sector is highly vulnerable to cyberattack attempts.
Since new cyber threats are emerging fast, insurance businesses must monitor all transactions and detect unauthorized and unusual activities. Besides, they need to update their security systems from time to time to safeguard company and customer data against cyberattacks.
To learn more on this topic, let’s go through the infographic below: