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Recently Benjamin Lawsky, the Superintendent of the New York Department of Financial Services, released the survey results of 43 insurers operating in the state of New York.

According to the Wall Street Journal, “the insurance-industry survey follows a series of steps the department already has taken to help strengthen cyber security in the banking sector…The 43 surveyed insurers, with combined assets of approximately $3.2 trillion, were asked about their cyber security programs, costs and future plans. About half—21—were health-insurance providers, 12 were property-casualty insurers and 10 were life insurers. The biggest of the lot had $403 billion in assets.”

Some of the survey’s key findings were:

– 98% of those surveyed has an information-security framework in place to address such things as management of cyber risk, incident monitoring, education and training for employees, meaning that one insurer does not have such a framework.

-“95% of insurers believe they have adequate staffing levels for information security, and only 14% of chief executive officers receive monthly briefings on information security.”

The Wall Street Journal has the rest of the survey results.

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