Cybersecurity risk doesn’t depend on company size.
Depends on the type of data you handle.
And licensed insurance agents handle some of the most sensitive personal information that exists.
Being licensed doesn’t just change your responsibilities to carriers and regulators. It also changes your cyber risk profile.
When you become a licensed insurance professional, you gain access to extremely sensitive client data.
Cybercriminals will do whatever they can to steal it.
Also, agents are subject to regulatory expectations.
Depending on your business, this may include:
When a breach happens, regulators don’t ask:
“Did you try your best?”
They ask:
“Did you implement proper safeguards to protect client data?”
Being licensed means you operate in a regulated environment.
If client data is compromised, the consequences can include:
This is why cybersecurity is no longer just an IT issue.
It’s a professional responsibility.
Years ago, cybersecurity was considered a best practice.
Today, for licensed professionals handling sensitive information, it is becoming an industry expectation.
If you’re unsure how cybersecurity expectations apply to licensed agents, we’re happy to clarify.