6 Jan-Feb 2017CIOReview's circulation is audited and certified by BPA International (Audit Pending). Copyright © 2017 Valley Media, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JAN-FEB, 2017Mailing AddressValley Media, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 230 0396, F:510-894-8405Jan-Feb, 2017, Vol 03 Issue 01 Published by Valley Media, Inc. To subscribe to Insurance CIO OutlookVisit www.InsuranceCIOOutlook.com Managing EditorPamela MorganEditorial StaffSalesAaron Pierce Ava Garcia Joshua Parker Alex D'SouzaAkanksha MinzSarah FernandesVisualizerStephen ThomasSECURITY SYSTEM SPECIALEric Thomaseric@insuranceciooutlook.comDirect Line: 510.722.8394EditorialPamela MorganManaging Editoreditor@insuranceciooutlook.comThe growing number of data breaches in the insurance sector, including the one at Anthem--where about 80 million company records were hacked--is highlighting the importance of security measures in the sector. Insurers harbor a significant amount of personal information--including personally identifiable information (PII) and protected health information (PHI)--that identity thieves find irresistible. Hackers have begun to prey on this reservoir of personal information, making them a hot commodity in the black market today for identity fraud purposes. As insurance companies migrate toward newer digital channels in an attempt to create tighter customer relationships through agency portals, online policy applications, and web- and mobile-based apps, they are being introduced to new cyber-risks and attack vectors. This security challenge is intricate, especially for organizations that are comparatively less experienced at dealing with the touchpoints in an omni-channel environment. Since an ounce of prevention is worth a pound of cure, it's the onus of CISOs to implement solutions that bestow them with protection, while providing the breach facts and threat trend analytics to better shield the policyholders and members from cyber threat exposures. They should also take into consideration efficient incident response to reduce risk and simplified compliance with data breach laws. Alongside, deployment of workflow platforms that efficiently and securely access content from existing enterprise content management systems also holds a good promise on an insurance company's journey towards enhanced collaboration and security. As the longitude of cyber threats continues to evolve, insurance firms should buckle up their security strategies with latest tools to wind down the vulnerabilities. On that note, Insurance CIO Outlook is presenting to you its special edition on security systems solution providers that are arming the insurance industry with advanced technologies to keep threats at bay.Insuring the Security ParadigmPamela Morgan*All Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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