Cybersecurity in the Insurance
As per a report by EY, 2020 saw an unprecedented rise in the number of cybersecurity attacks on businesses, especially insurance companies, where the industry suffered ransomware attacks- more than 200% more than the previous year. One of the main reasons probably is because the pandemic forced organizations into ad-hoc measures that bypassed cybersecurity protocols. Everyone needs some kind of insurance and […]
The Role of Cloud Computing in the Insurance Industry
Cloud Computing in the Insurance Industry The world of insurance has been fundamentally transformed by digital transformation. Digital has massively streamlined operations and simplified the dialogue between businesses and consumers, much as it has in other industries. It has also resulted in a market that is already flooded with new competitors, making the task of maintaining loyalty more […]