Insurance market update – March 2011

The Deloitte view for non-life insurers

IMU March 2011

Background

High profile data security breaches, involving personal customer data, have created intense publicity and significant regulatory action against those firms held responsible. The serious impact of these breaches is prompting many firms to take immediate measures to understand the critical data they hold, how it is controlled and how to prevent it being leaked.

Key findings

In this edition, we explore the challenge facing those firms responsible for the safeguarding of sensitive data, and explain the steps which firms can take to understand the type of sensitive information they hold and how it is used, stored and transferred. We also propose the use of data prevention tools to understand and mitigate such data loss.

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