Cybersecurity for:
Insurance

Why is the insurance sector a target for cyberattacks?

Insurance companies are data treasure troves — they collect detailed information about health status, assets, claims history, and financial situations of millions of clients. This data is extremely valuable on the black market, enabling identity theft, fraud, and extortion. Simultaneously, insurers operate complex IT systems: from agent and broker portals, through claims processing systems, to risk assessment algorithms that constitute proprietary intellectual property.

Since 2025, the DORA regulation imposes the same digital operational resilience requirements on insurers as on banks — including resilience testing, ICT risk management, and incident reporting.

Sector-specific challenges

Insurance fraud using stolen data

Cybercriminals use stolen personal and medical data to file fraudulent claims. The automation of claims processing paradoxically facilitates this — bots can submit dozens of false claims simultaneously before the system detects anomalies.

Complex integration ecosystem

Insurers integrate with hundreds of brokers, agents, repair shops, hospitals, and adjusters through APIs and partner portals. Each integration is a potential attack vector. Compromising a single broker can open access to policy data of thousands of clients.

Legacy systems and modernization

Many insurance companies operate on core insurance systems built decades ago that are difficult to secure and integrate with modern security tools. Migration to cloud and API-first architecture introduces new risks.

How nFlo helps insurance companies

• Security audits — gap analysis against DORA, NIS2, and regulatory requirements
• NIS2 compliance support — step-by-step DORA and NIS2 implementation guidance
• SOC as a Service — 24/7 monitoring with insurance sector correlation rules

Key first steps

1. DORA gap analysis — identify gaps against the regulation’s requirements
2. API security — audit all integrations with brokers and partners
3. Data segmentation — separate policy data from internal systems
4. Portal penetration testing — regularly test agent and client portals

Schedule a free consultation — we will discuss DORA requirements and your organization’s security.

Related Industries

• Cybersecurity for Finance & Banking
• Cybersecurity for Healthcare