There is a weak point in cybersecurity that insurance agencies must address to avoid disaster. weak point in cybersecurity Data integrity and cybersecurity are essential elements for every agency to consider. Client privacy and business protection should take priority, especially in today’s dynamic work environment. That’s why many agents are turning to platforms like the Verity program. All-encompassing platforms that provide easy client policy management and data security in one location accessible from anywhere your agents’ work can make your cybersecurity efforts easier.
Here are some things you should understand regarding cybersecurity and protecting your book of business.
One of the biggest challenges for most insurance agencies is recognizing their own cybersecurity needs. Shifts in the work environment have led to many changes, including remote work for many agents to minimize in-person contact. It brings cybersecurity weaknesses to the forefront as you rely on technology more than ever.
Everything from phishing emails to brute-force intrusion can leave your network vulnerable and put your client information at risk. Ignoring these hazards will only leave your agency at greater risk. Instead, you must address your cybersecurity needs head-on, starting with understanding where you are the most vulnerable.
You can’t adequately secure your company’s data and ensure cybersecurity without recognizing the weak points first. Unfortunately, it can be difficult to see where you are most vulnerable when you are too close to the situation. For most businesses, that vulnerability lies in poor control of access privileges. When you don’t regulate administrator-level access to your platforms as well as you should, any single hacked account among your staff can leave your entire system at risk because of poorly regulated account management.
First implement strong security enforcement measures, including mandatory password changes periodically, two-factor authentication, and other key access-control and identity validation methods. It ensures only those who have authorization can have access to client data. Additionally, it ensures that the data has protection from a potential breach.
Take time to assess your cybersecurity efforts practically and consider implementing a client management platform that can protect your sensitive data. The right platform can make all the difference in your cybersecurity implementation and your customer service efforts. With all the information you need in one place, it’s secure and easy to access.
Say goodbye to outdated systems and begin looking at a solution that will provide what you need to increase productivity, decrease costs in the long run, deliver frictionless transactions, and remain competitive in today’s environment. For more information about VRC’s Verity software and to book a demo, click here or contact us at (541) 209-0700.
