The question isn’t if you’ll face a cybersecurity threat, but when
How can I protect the information entrusted to me?
Cybersecurity and data privacy regulations for the insurance industry aren’t new. That’s especially true for agencies and brokerages affiliated with financial institutions such as banks. But in response to increasingly sophisticated and devastating breaches, Americans are demanding a higher level of protection for the information they choose to share. Consequently, state and even federal regulators are creating new standards for the protection of confidential data and the systems that store it — starting with New York’s precedent-setting cybersecurity regulation and California’s ground-breaking consumer data privacy law. This is the regulatory trend for the 21st century!
You’ll learn how to assess your cyber risk and create a cybersecurity plan to address those risks in the most cost-effective way. Whether threats come from undertrained employees or criminals hacking into your systems from the outside, you’ll learn how to recognize and respond to attacks in a timely manner. You’ll also find resources to help you train both the executives overseeing your program and the employees accessing your systems. After all, even if you’re exempt in the states where you do business, do you really want to risk the enormous financial losses and reputational harm that can result from a successful cyberattack?
SOI’s Cybersecurity resources are perfect for you if you’ve ever asked:
- Why would anyone bother to hack me? I sell insurance!
- Where can I find information about cybersecurity and data privacy regulations for the insurance industry?
- How much can I expect to spend on cybersecurity?
- Who should be responsible for data security at my agency?
- What resources are available to train my team to be cyber aware?