CSC announces the establishment of the Insurance Cybersecurity Advisory Council for property & casualty insurers to facilitate the development of best practices and technology strategies that effectively mitigate the risk of cyber attacks on the insurance industry.

The council made up of business and IT executives representing a cross-section of insurance companies—with life & annuity insurers as well—will collaborate with CSC to promote awareness and information sharing throughout the industry. The council's first meeting is slated for January 2012 inWashington,D.C.

Insurers, agents, brokers and consumers are increasingly embracing mobile devices and applications, social networking, and cloud computing, all of which provide opportunities for achieving higher levels of business performance through enhanced productivity, collaboration, and agility. At the same time, these new technologies can leave insurers vulnerable to cybersecurity threats—both from inside and outside of the organization. If not addressed, these threats can have a devastating impact on a carrier's reputation and ability to operate and generate revenue.

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