We take a look at how insurers are measuring the threat of hackers as digital transformation marches towards 2022
WRITTEN BY : JOANNA ENGLAND
Before the new normal - back when hybrid working hours were a distant dream , insurtechs were mainly preoccupied with creating new products that could be delivered seamlessly to the customer and following the market demand for new services .
Fast forward to 2022 , and although insurtechs are by nature , agile , digital transformation has still managed to spring a few nasty surprises on the space . The increased rate of cyber attacks has possibly been the most difficult challenge for the sector to date .
Risk assessment in the field has also become increasingly complex as the digital footprint of companies has expanded along with the home office culture and IoTdependent business processes .
Risk driven security So , what changes in cybersecurity risk assessment changes have occurred over the last 18 months as a result of digital transformation ? And , crucially , are companies addressing them in the best possible way ?
Alex Bransome , Chief Information Security Officer ( CISO ) at Doherty Associates believes there is much work to be done in the space . He says , “ With the dramatic shift to remote working over the last 18 months due to the
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