Secure Your Agency’s Data With The Cloud
The “cloud” and cloud technology is just fancy talk for hosting data storage, software, and applications through the Internet that is made available from on off-site location. So how can the cloud help insurance agencies better secure their data?
The insurance industry handles large volumes of sensitive data, so it makes sense that it is at the forefront of integrating cloud technology to their digital eco system. Cloud based platforms change the way of creating and delivering products and services, managing risks, and communicating with customers. Instead of keeping files and documents in the office where they have higher at-risk chance, the cloud offers and off-site solution to storage.
Adopting cloud technologies allows agencies to enjoy these benefits, and more:
- The cloud allows agencies to expand geographically
- Introduce new business functions with ease
- Centralize data
- Reduce cost and maintenance
- Improved security
- Increased productivity
Check it out: Don't Be Terrified of The Cloud
Cloud technology drives customer centricity and allows products to reach the market faster, and allows agents to answer questions about their products and services round the clock and independent of geography. While the cloud is the best way to get ahead of competition, it’s important to remember to ensure the security of your data on your end before uploading to the cloud.
Encrypt that data
If you choose to store some of your most sensitive information in the cloud, be sure your data is encrypted with encryption software. An encryption software will protect your data with a password before you move it to the cloud. You’ll be able to access that data from the cloud, but only if you have the password.
Check it out: How to Use Encryption to Secure Data in the Cloud
Stay on top of passwords
Many advanced software programs are able to unlock nearly 90% of passwords within a matter of seconds. The best thing you can do it to not use the same passwords for every platform. As easy as it would make your life, it will get much more complicated if you experience a data breach. You could use the same, long word with added characters for each different platform, but never use the exact same password for all of your data platforms.
Check it out: Protect Your Data With These 6 Steps
For a more comprehensive look at cloud technology, check out our Insurance Technology Pillar Page