From: Insurance Journal
Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business technology and services provider.
Insurers, like many other businesses that hold vast amounts of client data, are vulnerable to attack by cyber criminals, and reports of data breaches are becoming increasingly regular occurrences, the company said.
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