Insurance Industry’s Cybersecurity: A High-Tech Trojan Horse or a Secure Fortress?

Ironically, the technology propelling insurance companies into the future is also a high-tech Trojan horse, ushering in data breaches and customer outrage. The transition from legacy systems to cloud computing is a cybersecurity nightmare, with the 2,500 cyberattacks in 2022 spotlighting the pressing “Insurance Data Breach Risks”. It’s Freddy Krueger meets cloud computing!

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Oh, the irony! The very technology that's pushing insurance companies into the future is also opening the Pandora’s box of cyber threats. It's like a high-tech Trojan horse, but instead of ancient Greeks, we've got data breaches and angry customers. Add to that the scramble to move from legacy systems to cloud computing, and you've got a cybersecurity nightmare that makes Freddy Krueger look like a fluffy bunny.

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