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Cybercriminals are well aware that insurance companies possess a trove of customers' personal and financial information.
Successful cyberattacks can lock down data and computer access, and stop a company's operations in seconds.
Fighting fraud in the call center can be particularly challenging for property and casualty insurance providers.
June is National Elder Abuse Awareness Month. Generali Global Assistance is using the time to educate about how cyber criminals target seniors.
While this list is specific to New York, these types of consumer frauds are likely applicable to consumers everywhere.
In the P&C space, I.I.I. found that insurance fraud comprises about 10% of losses annually, costing roughly $34 billion.
Better password management can smooth out insurance agency business processes and enhance security.
More than 400 cases were filed across the nation following Equifax's September 2017 announcement of the unprecedented breach.
As insurance professionals, there's both an obligation and an opportunity to help employees protect their identities.
Consumers are looking for ways to reduce their online risk. Your insurance organization is one they'd likely turn to.