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You're next: Hackers looking to breach insurance carriers

All of that data is attractive to cyber thieves. N.Y. Department of Financial Services analyzes 43 insurance firms and their cyber security measures

By Melissa Hillebrand | Updated on February 13, 2015

Anthem, JP Morgan Chase, Target and Home Depot—if one trend is clear, it’s that cyber criminals are aiming big.

And next on their list? Insurance firms, according to the New York State Department of Financial Services in its “Report on Cyber Security in the Insurance Sector.” And this hypotheses is based on fact: 35% of insurers experienced between one and five breaches over the past three years, with an additional 2% reporting between six and 10 breaches, and 5% of carriers experiencing more than 10, the report says.

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