Insurance firms are custodians of vast quantities of sensitive client data, and for SMEs, protecting this information while modernizing operations is a critical business challenge.
Insurance Companies Challenges
1
Custodianship of Sensitive Data
Insurers manage and store a wide array of highly sensitive information. This concentration of data makes insurance firms a prime target for cybercriminals. A breach can lead to significant regulatory fines, litigation, and a fundamental erosion of client confidence.
2
Heterogeneous IT Environment
The typical IT infrastructure in insurance is a complex mix of legacy mainframes and modern, customer-facing web applications. This can create unforeseen security gaps and complex interoperability challenges. A vulnerability in one system can create risk across the network, and achieving a holistic view of this interconnected risk is challenging.
3
Third-Party & Supply Chain Risk
The insurance business model relies on a broad ecosystem of partners. Each external partner represents a potential entry point into your network. A security incident originating from a third party can be just as damaging as an internal breach, yet firms often have limited visibility and control over their partners’ security posture.
Implement Context-Aware Data Protection
With context-aware intelligence you get to correlate technical flaws directly with the business assets they impact. Our platform prioritizes vulnerabilities on systems that store or process sensitive information, enabling your team to allocate resources to mitigating the most impactful risks to your clients and your firm.
Attain a Unified View of Your Security Posture
Consolidate disparate security data into a single, authoritative view. Our platform ingests and normalizes data from your various scanning tools to create a centralized source of truth. This unified dashboard provides a clear, comprehensive perspective on your organization’s true risk posture, facilitating rapid, data-driven strategic decisions.
Secure Your Third-Party Ecosystem
While you cannot directly control partner security, you can secure your side of the digital connection. Identify and prioritize vulnerabilities on your internet-facing systems and applications that interface with your third-party network. And significantly mitigate the risk of a supply chain compromise impacting your core operations and data.
Learn How Our Customers Improve Their Security Posture
Explore Case Study