Insurance
Paving The Steps To Standards & Compliances
Insurance companies, holding vast confidential customer data, are potential cyber-attack targets. Breaches can lead to negative press, trust loss, profit decrease, and customer vulnerability to identity theft and fraud. Hence, cybersecurity is crucial. Regulations now mandate secure data environments and compliance demonstration, with non-compliance penalties.
Insurers, as merchants or financial institutions, store payment details for premiums and must comply with specific PCI and ISMS standards.
Panacea InfoSec, with extensive experience in various industries, guides insurers to achieve PCI DSS and ISMS compliance, implements cybersecurity in insurance workflows, and ensures a secure environment for clients.
Stay ahead of the evolving data breach and cybercrime landscape.