DynaRisk’s Andrew Martin discusses the cyber resilience of UK insurance firms, exploring hacker motivations, common threats and challenges that firms face.
The insurance industry has been a frequent target of cyber attacks. There have been numerous major breaches in recent years, although it is likely that these are only a fraction of the actual attacks, as many remain undisclosed.
We explored the cyber threat landscape of the UK insurance industry, analysing the resilience of insurers, the associated risks and the necessary actions to enhance cyber protection. Insurance businesses are prime targets for hackers due to the abundance of sensitive information they hold.