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Why insurers must take charge on cybersecurity
Digital assurance and AI; transforming insurance and financial security; cybersecurity and health; medical diagnostics in the age of automation; smart healthcare solutions.
The Insurance Regulatory Authority’s new directive requiring insurers to report cyber breaches within 24 hours brings trust into sharper focus. In today’s digital economy, cybersecurity goes beyond defence, it’s also the new benchmark of trust and a decisive factor in whether an insurer is truly fit to operate.
As more insurers digitise core operations, their exposure increases. As the sector handles personal and financial data at scale, a breach exposes operations to significant risk and invites swift regulatory action.
