Ransomware threats to the insurance industry and how to stop them

Besides the risk of exposing customer data, as well as incurring regulatory repercussions, ransom payouts have hit in the tens of millions of dollars.

By Justice Levine | January 13, 2022 at 04:49 PM

laptop screen in office showing mock ransomware message

The insurance industry regularly faces unique challenges which have only been heightened by the pandemic. Organizations in utilities, healthcare, food, and agriculture sectors have typically been the highest-profile industries for cyber thieves. However, in the past year, we're now seeing the insurance industry facing extraordinary increases in cyberattacks.

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