Insurance Companies and the Fourth Industrial Revolution: Privacy and Security Risks

Self-driving cars, smart TVs and Fitbits all provide information that can greatly benefit insurance companies and their business partners, as well as the consumers they serve. However, notwithstanding the considerable benefits, the fact that such vast and varied amounts of consumer data are being collected, housed and used introduces new risks to consumers’ privacy and to the security of the underlying information systems managing the data.

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