Threats:
There is significant risk of unauthorized data access in the insurance industry. Attacks can be as simple as password theft or as sophisticated as malware and social engineering attacks. Among the most prevalent online attacks are phishing and blended phishing attacks, social engineering combined with malicious code, Trojan horses, and viruses. Whatever the method, almost all of these attacks are aimed at stealing credentials, such as user names and passwords, which hackers later use to commit fraud both online and offline.
In additional to outside threats, internal fraud poses a problem for the insurance industry in particular due to the broad access of data by its many users.