Holicent
VIP Contributor
One of the biggest issue facing the insurance industry is that of cyber security. The insurance industry has experienced a number of data breaches in recent years, including one at the Lloyd's of London insurance market.
Hackers who stole names, addresses, and Social Security numbers from over 10,000 people were responsible for the Lloyd's incident. Additionally, the business acknowledged that "more than 10,000 client records have probably been stolen in total."
This incident is just one example of how hackers are getting better at stealing consumer data. Experts say that there is a growing threat from cyber criminals who seek financial gain from the distribution of fraudulent goods or services online. In order to protect themselves against such attacks, consumers should take steps to protect their personal information by following security tips provided by banks and other institutions with which they do business.
Hackers who stole names, addresses, and Social Security numbers from over 10,000 people were responsible for the Lloyd's incident. Additionally, the business acknowledged that "more than 10,000 client records have probably been stolen in total."
This incident is just one example of how hackers are getting better at stealing consumer data. Experts say that there is a growing threat from cyber criminals who seek financial gain from the distribution of fraudulent goods or services online. In order to protect themselves against such attacks, consumers should take steps to protect their personal information by following security tips provided by banks and other institutions with which they do business.
