Addressing Third-Party Cyber Risks in the Insurance Sector: A Call for Stronger Security Measures
The insurance industry, a critical pillar of the financial sector, is increasingly vulnerable to cyber threats. According to SecurityScorecard’s latest report, 59% of breaches in the top 150 insurance companies stemmed from third-party attack vectors. These findings highlight an urgent need to reassess cybersecurity strategies, particularly concerning third-party risk management (TPRM). The Growing Cyber Risk […]