Other than sharing common products, the differences between the top tier of insurance carriers and their smaller rivals can be enormous. Those differences are even more apparent when looking at the issue of security. Larger insurers have a target on their back that the mid-tier don't have to deal with, but with smaller IT staffs, the mid-tier and smaller carriers have to not only keep up with known threats but also be on the lookout for attacks that weren't foreseen when they first decided to let customers—and the attackers that come with them—inside their perimeter.
Larger insurance carriers are proactive, according to David Helms, vice president of the cyber security center of excellence, the consulting arm of Salient Federal. The top tier recognize the Internet and mobile computing are strategic to their business, which changes a carrier's security posture.
Mid-tier carriers are just beginning to move in that direction, adds Helms.
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