The Case For Cloud Computing

Insurers must regain competitive ground in the digital race for the customer, and all roads that make sense … lead to cloud adoption. Growing ransomware attacks should be the weight that tips the scales.

T-Mobile was breached just recently. Half of its customers (105 million) now have their Social Security numbers, names and birthdates exposed. The information is already up for sale.

Last year, insurers and healthcare systems were hacked in greater numbers. Ransomware victims across all industries paid out $370 million in cryptocurrency in 2020, 336% more than in 2019.

Cybersecurity is not optional. It is table stakes. The issue is no longer all about keeping the data and systems safe. It is about looking out for and being able to nip potential vulnerabilities and hackers in the bud, before the hack actually happens.

Vigilance is not reactive, it is proactive.