By category, the top IT security concerns for U.S. insurers are network technology vulnerabilities, application/database security and user access issues, according to “IT Security Issues Update,” a report from Novarica, an insurance technology consulting company. Configuration issues and “other,” rounded out the top five.
According to the survey, most insurers will increase IT security spending in 2014, and nearly all plan to keep spending at least level, Novarica said. External threats, such as network technology vulnerabilities and mobile device issues, were considered higher priorities than internal controls, such as network configuration.
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