Virtual Roundtable: Online Risk

The Internet has opened up new possibilities for growth in insurance. The tradeoff, however, comes in the area of security, where insurers now have more data subject to greater privacy risk than ever before.

Managing the risks, liabilities and solutions associated with electronic processes and interactions related to conducting business over the Internet is a challenge for every insurance company today. The exposure to online risks is pervasive, potentially affecting most aspects of an insurance organization, including assets, operations, finances, legal, regulatory compliance and even reputation. Exactly how serious is the threat of cyber attacks on insurance operations, and what currently are the most dangerous cyber threats to carriers' systems? How can insurers keep their networks and data safe, and ultimately, to what extent does an effective cyber risk management plan involve technology, as well as other factors such as training, communications and compliance?

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio