Insuring The Future: 2018 State Of Cyber Resilience For Insurance

By Accenture

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“Across all technologies and capabilities examined in the survey, about 80 percent or more of insurance executives are “confident” or “extremely confident” about their effectiveness. That might seem reasonable given the progress, but a case can be made that leadership is overconfident. Attackers are becoming increasingly sophisticated and attacks can shut down the business or expose customer data. If about one in five attempted breaches is successful, that’s still a lot of breaches. And, given the findings that 45 percent of breaches are not detected for more than a week (9 percent require more than a month), that’s a lot of risk exposure.”

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