Cyber attacks against financial services companies, including insurance companies, are becoming increasingly frequent and sophisticated. Insurance firms often store and control sensitive data such as personally information and protected health information that makes them a prime target for cyber attacks.
Insurance industry often use legacy systems that are not up to data on information security and pose potential weakness and exposure. In addition, third party vendors are not managed consistently across the industry. While large companies have well-defined procedures for vendor IT assessment, smaller companies often rely of vendors’ “self-certification” that is less reliable and often problematic.
At Armolon, we offer managed security solutions as well as vCISO services for small companies. For large insurance carriers, we are often engaged on a need basis such as penetration testing or cybersecurity consulting on a monthly retainer.