The role of cyber security in micro insurance sector

Author Name(s):

Archa. S. Nair and j.s.sudhir

Research Scholar, Department of Commerce, Iqbal college peringammala, University of Kerala, Thiruvanthapuram

Associate professor, Department of commerce, Iqbal college peringammala

Abstract:

Personally identifiable information is a precious asset at the heart of every insurance databases and relentlessly sought after by cyber criminals. Insurers have an obligation to customers, intermediaries, and regulators to safeguards this valuable data and meet the compliance requirements outlined by the Financial Services Authority and the Personal Card Industry (PCI) Data Security Standard. To help you address security vulnerabilities and regulatory requirements with your data rest, in use, or in transit, our audit controls identify where the data is, whether it’s sensitive, and if it’s adequately encrypted or otherwise protected. For example, you can regularly scan employee’s laptops, query all instances of personally identifiable information and act to eliminate exposure and risk.

Keywords:  micro insurance, cyber security, cyber criminals, Insurers, risk, protection.

Please cite this article as:

Archa. S. Nair and j.s.sudhir (2021). The role of cyber security in micro insurance sector International Journal of Recent Research and Applied Studies, 8, 4(4), 35-37.