Expertise in Action: Technology: Open to attack
Despite several high-profile cyber attacks on major corporations, the insurance industry is still behind the times when it comes to cyber liability. How can it catch up?
As online fraudsters have become more sophisticated in their activity, the threat of cyber crime has grown exponentially. In the past two years alone, Burger King has had its Twitter account hacked, with its logo replaced with that of fast-food rival McDonald’s, Sesame Street’s YouTube channel was also targeted, streaming pornographic content for more than 20 minutes, and criminals were able to steal 77 million PlayStation users’ private information, costing the technology giant an estimated
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