IONOS Cloud Identifies Insurance Cybersecurity Skills Gap

  • Date: 13-Sep-2021
  • Source: The Fintech Times
  • Sector:Technology
  • Country:Middle East
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IONOS Cloud Identifies Insurance Cybersecurity Skills Gap

Additionally, 44% of insurance IT DMs surveyed said their business has a data protection skills gap, with over a quarter highlighting that it means they are not effectively storing data (27%) or following the correct data protection procedures (27%). When asked about the biggest threats to their insurance business’s IT security at this time, respondents said employees not storing data correctly (36%), increased DDoS attacks (36%) and phishing and scam attacks (34%). The research, which was conducted by Censuswide on behalf of IONOS Cloud, polled 204 insurance IT decision makers as part of a wider survey of 609 respondents. The aim was to better understand the current challenges businesses are facing in the wake of the pandemic, and where cyber security and data protection standards are sitting on insurance business’s IT priority lists. While the skills gap is a clear issue, reassuringly, many insurance businesses do in fact recognise the importance of cyber security and data protection, with 70% saying cyber security was either their top IT priority, or within the top three, and 69% saying the same for data protection. However, when asked about cyber security risk assessments, there was a real disparity in responses. Worryingly, only 34% have