Cybercriminals Pick Targets Based On Their Insurance Coverage

In an era where ransomware groups leverage sophisticated technology and methods to launch cyber attacks, it becomes significantly harder to stop them from stealing your client’s information and your critical business intelligence.

Insurance firms, agencies, and brokerages have become a lucrative target for ransomware attacks, especially since cybercriminals parse through critical cyber insurance coverage and policy information to select targets based on their ability to pay. In many cases, these ransomware groups use the cyber insurance coverage and policy data to negotiate on ransom fees.

In this webinar, Mark Sangster, Vice President and Industry Security Strategist, will discuss cyber threat trends and events to reverse engineer attacker methods to build a resilient cyber program to protect your business.

Key takeaways include:

• Common vulnerabilities and exploitations the insurance sector
  must combat
• How cybercriminals use stolen policyholder data to target their victims using ransomware attacks
• Popular email-based attacks, such as phishing and business email compromise (BEC), used to lure their victims