Cybersecurity in the Insurance Sector- By: Lakshya Mehta
New Delhi [India], July 12: The insurance sector is a vital component of the financial services industry, responsible for providing comprehensive risk management solutions to individuals, businesses, and organisations. By offering a wide range of policies—covering everything from health, property, and motor insurance to emerging areas like cyber, pet and agricultural insurance—insurers help protect policyholders from unforeseen financial losses. In return for the payment of premiums, insurers assume the risk, providing financial compensation in times of need. However, the increasing digitization of insurance services has introduced a new and complex challenge: ensuring the protection of sensitive customer data from cyber threats. With the insurance sector handling massive amounts of person...










