Technology spending in the global insurance industry is estimated to be around $189 billion. By 2019, the spending industry is expected to reach $205 billion. There are around 700–800 InsurTech firms globally which are addressing the requirements of the $4.5-trillion insurance industry but the state of InsurTech is at a stage of infancy. http://bit.ly/1T4ARTh
Cybersecurity has risen to the top of the international priority list in areas ranging from politics to national defense and from smart homes to our global economic system. With new drones, artificial intelligence, social media websites, robots, autonomous cars, smart city infrastructure, and a plethora of Internet of Things (IoT) devices coming onto the market daily, how can we prepare for next-generation cyberattacks?