Top Threat Intelligence Use Cases for the Insurance Industry
In the past couple of years, privacy irregularities in insurance providers have disclosed more than 100 million people’s personal privacy. In general, the insurance industry faces cyber threats from both internal and external sources, including by third parties. Insurers capture, process, and retain large amounts of data, including publicly identifiable information. Insurers are linked through multiple networks, including acquisition, capital raising, and debt issue activities to other financial institutions. Insurers conduct mergers and acquisitions or other changes that can impact cybersecurity in the organizational structure. Insurers outsource a number of services that may raise or decrease cyber risk exposure in some situations.