Data breaches go beyond credit cards [Video]

Amy Mitchell Risk Management

You’ve taken extra steps to ensure your clients’ credit and banking information is safe. Think that makes you safe from cybercrime? Think again.

While credit card fraud is still a major concern, it’s not the only piece of data organizations need to protect. In fact, insurance records – especially those pertaining to┬áhealth care – are a hot commodity for hackers these days. Why might cyberthieves prefer a health care account over banking information?

For one thing, insurance accounts are hard to freeze. They also contain other valuable information, like email addresses, passwords and even Social Security numbers. Plus, hackers can sell individual health care accounts for $50 per record on the black market.

Protect your client information with cyber insurance – and stay tuned for more from Murray!

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