While money is usually no object and tech tools are abundant for insurers struggling to contain cybersecurity threats, talent is often in short supply, undermining the industry’s ability to secure existing and developing systems. Register Now Already have an account? Sign In Now
A shortage of talent is undermining the insurance industry’s ability to deal with cybersecurity according to the Deloitte Center for Financial Services which conducted a series of interviews with execs employed in the sector. Talent acquisition and retention were identified as challenges for the industry, with burnout of cyber risk management personnel also cited as a growing concern. The report found that only about half of those surveyed said they had been able to identify an individual who could help them navigate their way through the complex process required by federal regulations when it comes to