Do you want your Insurance Firm to be most secured firm in New York?

Cybercriminals impersonate insurance companies, regulatory agencies, or trusted partners to gain the trust of employees. By mimicking familiar entities, they increase the likelihood of employees falling for phishing emails and disclosing sensitive information.

Insurance

New York is really a competitive location for insurance agencies

What can help to secured that top spot?

Employee Training

Secured communication channel or use ULedger Verify Suite

Using an updated security framework and incident response plan.

Top Insurance Firm in New York

CHUBB

As an underwriting company, we assess, assume and manage risk with insight and discipline.

AON

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world.

New York Life

For more than 177 years, New York Life agents have been a trusted and valued partner to countless families and communities—and we’re always looking for more agents to join our team.

Travelers

Founded in 1853, The Travelers Companies, Inc. is a leading provider of property and casualty insurance for auto, home and business.

Top Reasons why Insurance Providers in New York are Prime Targets for Cyberattacks

Due to sensitive data, strict regulations, complex IT systems, and large financial transactions, insurance companies face cyber threats. Gaps in employee training and frequent phishing emails add to their vulnerability. Recognizing these risks is essential for better security and Training.

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Abundance of Sensitive Information

Insurance companies store vast amounts of personal and financial information of policyholders.

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Standards for Regulatory Compliance

The insurance industry faces strict regulations like HIPAA and GDPR, requiring secure handling of sensitive data.

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Complex IT Systems

Intricate IT systems in insurance firms create vulnerabilities that cybercriminals exploit to access valuable data.

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Financial Transactions

Handling significant financial transactions makes insurance companies prime targets for cybercriminals aiming to steal funds or divert payments.

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High Volume of Emails

The high volume of emails received by insurance employees increases the likelihood of phishing emails, which blend in with legitimate ones.

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Gaps in Employee Training

Despite awareness efforts, employees may lack the knowledge to recognize sophisticated phishing attempts, making them vulnerable to cyber threats.

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Targeted Attacks

Cybercriminals tailor phishing emails to exploit industry-specific vulnerabilities, often capitalizing on employees' lack of awareness.

Read “Why Insurance Firms Are Prime Targets”

Exposing Cybercriminal Tactics

Cybercriminals impersonate insurance companies, regulatory agencies, or trusted partners to gain employees' trust. By mimicking familiar entities, they increase the likelihood of employees falling for phishing emails and disclosing sensitive information.

1

Impersonating Legitimate Entities

Cybercriminals impersonate insurance companies, regulatory agencies, or trusted partners to gain the trust of employees. By mimicking familiar entities, they increase the likelihood of employees falling for phishing emails and disclosing sensitive information.

2

Utilizing Industry-Specific Language and Expertise

Phishing emails targeted at the insurance industry often include industry-specific jargon and terminology, making them appear more authentic to employees accustomed to this language in their daily work.

3

Targeting Remote Work Vulnerabilities

As remote work becomes more prevalent in the insurance sector, cybercriminals exploit vulnerabilities linked to remote access and telecommuting. Phishing emails may specifically target remote employees, who might be less vigilant regarding cybersecurity measures outside the traditional office setting, thereby heightening the risk of successful phishing attacks.

4

Manipulating Complex Claims Processes

Insurance firms' intricate claims processes, with multiple steps and stakeholders, are exploited by cybercriminals who craft phishing emails resembling legitimate claims-related communications. This deceives employees into disclosing confidential information or initiating unauthorized transactions.

5

Creating Urgency and Fear

Phishing emails aimed at insurance employees frequently evoke urgency or fear, requiring immediate action. For instance, cybercriminals may claim that a policyholder's account has been compromised or that there are impending regulatory measures, prompting employees to respond in a hurry without verifying the email's authenticity.

6

Manipulating Client Trust

Insurance firms emphasize trust-building with clients. However, cybercriminals exploit this trust by impersonating clients or trusted organizations' representatives in phishing attacks. By leveraging established client relationships, cybercriminals heighten the risk of employees falling for phishing scams and divulging sensitive information.

Hi! This is your old client, I want to get a new policy fake messageleveraging illustrationI need you to access this link so I can give you the credentials. fake messageexploring images illustrationhurry up illustration
1

Impersonating Legitimate Entities

Cybercriminals impersonate insurance companies, regulatory agencies, or trusted partners to gain the trust of employees. By mimicking familiar entities, they increase the likelihood of employees falling for phishing emails and disclosing sensitive information.

Hi! This is your old client, I want to get a new policy fake message
2

Utilizing Industry-Specific Language and Expertise

Phishing emails targeted at the insurance industry often include industry-specific jargon and terminology, making them appear more authentic to employees accustomed to this language in their daily work.

leveraging illustration
3

Targeting Remote Work Vulnerabilities

As remote work becomes more prevalent in the insurance sector, cybercriminals exploit vulnerabilities linked to remote access and telecommuting. Phishing emails may specifically target remote employees, who might be less vigilant regarding cybersecurity measures outside the traditional office setting, thereby heightening the risk of successful phishing attacks.

I need you to access this link so I can give you the credentials. fake message
4

Manipulating Complex Claims Processes

Insurance firms' intricate claims processes, with multiple steps and stakeholders, are exploited by cybercriminals who craft phishing emails resembling legitimate claims-related communications. This deceives employees into disclosing confidential information or initiating unauthorized transactions.

exploring images illustration
5

Creating Urgency and Fear

Phishing emails aimed at insurance employees frequently evoke urgency or fear, requiring immediate action. For instance, cybercriminals may claim that a policyholder's account has been compromised or that there are impending regulatory measures, prompting employees to respond in a hurry without verifying the email's authenticity.

hurry up illustration
6

Manipulating Client Trust

Insurance firms emphasize trust-building with clients. However, cybercriminals exploit this trust by impersonating clients or trusted organizations' representatives in phishing attacks. By leveraging established client relationships, cybercriminals heighten the risk of employees falling for phishing scams and divulging sensitive information.

Read “Why Insurance Firms Are Prime Targets”

Here are 8 reasons why

LEARN MORE!
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Top 9 Security Tips for Insurance Firms

Implementing insurance cybersecurity best practices is essential for companies to safeguard sensitive data and uphold trust with clients. Read a selection of the best practices to strengthen cybersecurity defenses.

Conduct thorough and regular risk assessments to identify Insurance industry vulnerability analysis within the system.
Provide mandatory training for employees to recognize and avoid phishing scams and other cyber threats.
Implement stringent access control measures and ensure that only authorized personnel have access to sensitive information.
Encrypting sensitive data to prevent unauthorized access.
Adopt frameworks like the National Institute of Standards and Technology (NIST) cybersecurity framework to manage cyber risks effectively.
Develop and regularly update incident response strategies for insurance to quickly address security breaches.
Keep all systems and software updated with the latest security patches.
Ensure the company has a system security configuration to minimize vulnerabilities.
Insurers should utilize advanced monitoring tools for early detection and response to suspicious activities.

FAQ

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How can I develop a thorough email security plan for insurance companies?

Train agents to spot phishing emails, use advanced email filters, enforce multi-factor authentication, keep security software updated, and have an incident response plan.

How can Insurance Firms enhance the strategies to prevent phishing threats in insurance?

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Monitor user activities, use role-based access controls, provide employee training, deploy data loss prevention solutions, and establish incident response procedures.

How can I increase Insurance agent email security?

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To identify and mitigate insider threats to email security within the insurance company, implement a comprehensive approach including monitoring user activities, implementing role-based access controls, providing regular employee training, deploying data loss prevention solutions, and establishing incident response procedures.

How can I identify and mitigate insider email threats within an insurance company?

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For insurance companies, a comprehensive email security strategy involves encryption, authentication measures, and strict access controls to protect sensitive data from unauthorized access and cyber threats.

How can insurance agencies securely share sensitive files and documents via email?

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Insurance agencies can securely share sensitive files and documents via email by employing encrypted email services, password-protecting attachments, utilizing secure file transfer protocols, implementing data classification and labeling, and providing employees with training on secure file sharing practices.

How can companies guarantee clients' communication privacy in insurance?

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To ensure the privacy and security of client communications via email, insurance adjusters should use encrypted email services, implement strong authentication measures, keep email systems updated, and undergo training on email security best practices.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

The Best Email Security Solutions to Keep Your Insurance Company in New York Secured

For insurance companies, selecting the right email security solution is crucial to defend against cyber threats and protect sensitive data.
Here are some of the best practices for security solutions for insurance firms:

Secure Email Gateways (SEGs)

These email security solutions comprehensively filter out spam, phishing, and malware before they reach the inbox. They often include data loss prevention (DLP) capabilities to prevent accidental or malicious transmission of sensitive information.

End-to-end Encryption

Solutions such as Zix and Virtru provide end-to-end encryption, ensuring that only the sender and the recipient can access an email's contents.

Advanced Threat Protection (ATP)

Services such as Proofpoint and Mimecast offer Advanced Threat Protection (ATP) to defend against sophisticated attacks like spear-phishing and ransomware.

Email Archiving Solutions

These are crucial for compliance and e-discovery. Companies such as Global Relay and Barracuda provide archiving solutions to help insurance companies adhere to legal requirements by maintaining records.

Email Authentication Protocols

Implementing protocols (SPF, DKIM, and DMARC) can facilitate verifying the authenticity of the email sender and prevent email spoofing.

Use ULedger Verify™

Prevent phishing by verifying your identity in real time, ensuring proof of provenance and records every email on our blockchain, creating a secure audit trail. Seamlessly integrates with Outlook, enhancing your email security and authenticity. Start today here.

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Introducing ULedger Verify Suite

Data integrity technology platform enabling control, security, and data consistency for individuals, businesses, and enterprises.

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Screenshot from Uledger Verify for Sender showcasing Email Detaisl, Verification Timeline and moreemail-verified icon from Uledger AppScreenshot of Verification timeline from Uledger AppScreenshot of email compromised from Uledger Appemail stamp screenshot from Uledger AppEmail Verification Summary screenshot from ULedger App

What is ULedger Verify Suite?

The ULedger Verify Suit is designed to ensure data integrity, security, compliance, and peace of mind for customers and their end-users. Verify for Email and Verify for Sender mark the initial releases of the ULedger Verify Suite. The upcoming products will include validation for logs, files, and media.

ULedger Verify™ for Email

ULedger Verify™ for Email records every email on our blockchain, ensuring a secure audit trail. Our email encryption ensures that sensitive information remains confidential and protected. With a straightforward setup process, you can seamlessly integrate it with Microsoft Outlook email, ensuring email security and authenticity of your communications.

ULedger Verify™ for Sender

ULedger Verify™ for Sender is a Microsoft Outlook plug-in that eliminates the possibility of phishing by proactively verifying your identity in real-time when sending an email, guaranteeing proof of provenance.

Do you want your Insurance Firm to be most secured firm in New York?

Try ULedger Verify™ for Sender and Verify™ for Email today and protect your communications with ease.

Alternative Email Solution

Insurance firms prioritize building and maintaining trust with their clients. Cybercriminals exploit this trust by impersonating clients or posing as representatives from trusted organizations during phishing attacks. By leveraging existing client relationships, cybercriminals increase the likelihood of employees falling for phishing scams and disclosing sensitive information.

1. Proofpoint

Proofpoint offers robust protection against phishing, malware, and spam. It features advanced threat detection, data loss prevention (DLP), and secure email encryption.

2. Mimecast

Mimecast provides an integrated suite of email security solutions, including anti-spam, anti-phishing, and advanced threat protection. It also offers archiving and continuity services, ensuring email availability during outages.

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3. Cisco Email Security

Cisco's solution focuses on threat intelligence and comprehensive protection against email-based attacks. Features include advanced malware protection, spam filtering, and data loss prevention.

Read “Top 10 Alternative Email Solutions”

Read "Top 10 Alternative Email Solutions"

Impersonating Legitimate Entities:

Leveraging Industry Jargon and Knowledge

Targeting Remote Work Vulnerabilities

Exploiting Complex Claims Processes

Creating Urgency and Fear

Abusing Trust in Client Relationships

Impersonating Legitimate Entities:

Cybercriminals impersonate insurance companies, regulatory agencies, or trusted partners to gain the trust of employees. By mimicking familiar entities, they increase the likelihood of employees falling for phishing emails and disclosing sensitive information.

Leveraging Industry Jargon and Knowledge

Phishing emails tailored to the insurance industry often include industry-specific jargon, terminology, and knowledge. This can make them appear more authentic to employees who are accustomed to using such language in their day-to-day work.

Targeting Remote Work Vulnerabilities

With the rise of remote work in the insurance industry, cybercriminals exploit vulnerabilities associated with remote access and telecommuting. Phishing emails may target remote employees who may be less vigilant about cybersecurity measures when working outside the traditional office environment, increasing the likelihood of successful phishing attacks.

Exploiting Complex Claims Processes

Insurance firms typically have complex claims processes involving multiple steps and stakeholders. Cybercriminals exploit this complexity by crafting phishing emails that mimic legitimate claims-related communications, tricking employees into divulging confidential information or initiating unauthorized transactions.

Creating Urgency and Fear

Phishing emails targeting insurance employees often create a sense of urgency or fear to prompt immediate action. For example, cybercriminals may claim that a policyholder's account has been compromised or that regulatory action is imminent, leading employees to respond hastily without verifying the legitimacy of the email.

Abusing Trust in Client Relationships

Insurance firms prioritize building and maintaining trust with their clients. Cybercriminals exploit this trust by impersonating clients or posing as representatives from trusted organizations during phishing attacks. By leveraging existing client relationships, cybercriminals increase the likelihood of employees falling for phishing scams and disclosing sensitive information.