TECHNOLOGY
“ There is an opportunity for collaboration between insurers and current or prospective policyholders here ”
ALEX BRANSOME , CHIEF INFORMATION SECURITY OFFICER , DOHERTY ASSOCIATES
COVID pandemic , organisations have had to extend the scope of their risk management programmes to include a multitude of new threat models that remote working has introduced . Risk driven security assessment is critical to ensure organisations remain secure during this period of digital transformation .”
Organisations , points out Bransome , must understand that their network boundary now extends into the homes of their staff .. This comes with a range of new risks that need to be managed accordingly , such as insecure remote access methods , and regulatory and compliance risks , “ such as data leakage through the usage of untrusted personal devices .”
Digital twinning Essentially insurtechs need to take stock of the seismic changes that have occurred over the past 18 months and make sure their own digital transformations are up to the task , as well as their risk assessment abilities .
“ Going digital implies the transformation of physical artifacts into digital equivalents called ‘ digital twins ,’ says Altaz Valani , Director of Insights Research at Security Compass . “ The success of any digital transformation programme is predicated on an organisation ’ s ability to transform its operations to use these digital twins .”
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