The Four Cs of Cyber Resilience in Insurance

It’s no doubt that digital transformation has resulted in cyber-attacks of higher complexity and frequency. The proliferation of artificial intelligence will only fuel cyber-attacks. With Kenya being one of the top 3 targeted countries in Africa, cyber resilience initiatives should be a top priority. The insurance industry in particular is constantly being hit with phishing attacks, ransomware attacks and insider threats. This poses a serious risk for sensitive consumer data, health information and regulatory compliance laws that may result in reputational damage and heavy fines. Constant incoming cyber-attacks may overwhelm the security team, coupled with the skill shortage makes this even more burdensome. It remains paramount to have a strategy in place that can prevent, detect, respond and recover from cyber threats. Join us as we take a deep dive into the 4 Cs of Cyber Resilience for the Insurance Industry.