How Thick is Your Firewall?

New Insurance Offerings Protect Businesses and Individuals from Mounting Cyber Threats

$6.00 + your state filing fee
3 Credit Hours

This course benefits all agents and is applied as general credit.

COURSE DIFFICULTY

Basic
This course covers the following topics:
  • Provide students with a better understanding of the cyber risks facing all businesses – large and small – across the world.
  • Discuss helpful tools that will allow insurance producers to help identify potential cyber vulnerabilities, along with which individuals and businesses may be most susceptible to cyberattacks and online exploitation.
  • Examine the costs associated with data breaches and the impact cyber technology has made on the insurance industry – including a history of technology’s impact, how it is being used, and how it is currently regulated.
  • A review of the latest insurance offerings designed to protect companies and organizations against cyber threats.

Summary

The advent of technology has changed the world around us – impacting everything from the way we communicate to how we go about conducting business. Technology has created amazing tools and resources, putting useful and valuable information right at our fingertips. And these changes have impacted nearly every industry. Currently, around 88 percent of U.S. adults use the internet. Most businesses have some sort of online presence – and many store highly confidential information in their data systems. Over the past few years, several major data breaches have resulted in significant fines and legal fees for companies large and small. Those in the insurance sector play a key role in protecting the highly sensitive consumer financial and health information it stores as part of the underwriting and claims processes. As such, cybersecurity has become one of the most critically important topics facing the insurance industry today. Through this cybersecurity course, we seek to provide students with a better understanding of the cyber risks facing all businesses – large and small – across the world. We will discuss helpful tools that will allow insurance producers to help identify potential cyber vulnerabilities, along with which individuals and businesses may be most susceptible to cyberattacks and online exploitation. We will also review the costs associated with data breaches and the impact cyber technology has made on the insurance industry – including a history of technology’s impact, how it is being used, and how it is currently regulated. And lastly, we’ll review the latest insurance offerings designed to protect companies and organizations against cyber threats.

Outline

1. Introduction to Cyber Technology

  • 1.1 Overview
  • 1.2 Purpose of the Course
  • 1.3 What is a Cybercrime?
  • 1.4 Technology’s Impact on the Insurance Industry
  • 1.5 Key Terms and Definitions
  • 1.6 An Industry Evolving
  • 1.7 Cybersecurity: By the Numbers
  • Chapter 1 Quiz

2. Navigating the Risks

  • 2.1 Overview
  • 2.2 Risk Assessments
  • 2.3 The Importance of Protecting Data
  • 2.4 Understanding Office Security
  • 2.5 Security Systems and Software
  • 2.6 Cybersecurity Case Studies
  • 2.7 Summary
  • Chapter 2 Quiz

3. Understanding Laws, Guidelines and Regulations

  • 3.1 Overview
  • 3.2 HIPPA and Security
  • 3.3 The Gramm-Leach-Bliley Act (GLBA)
  • 3.4 USA PATRIOT Act
  • 3.5 NAIC Data Guidance and Security Model Law
  • 3.6 Other Government Oversight and Guidance
  • 3.7 Summary
  • Chapter 3 Quiz

4. Cyber Crime: Recognizing the Threats

  • 4.1 Overview
  • 4.2 Which People Are Most Vulnerable?
  • 4.3 What to Do If You, or a Loved One, Is a Victim of Identity Theft
  • 4.4 What Businesses Are Most Vulnerable?
  • 4.5 What Information is Most Vulnerable?
  • 4.6 Summary
  • Chapter 4 Quiz

5. Cybersecurity Insurance Coverage

  • 5.1 Overview
  • 5.2 A Brief History of Cyber Insurance
    • 5.3 Cyber Insurance 101
    • 5.4 Cyber Liability Coverage
    • 5.5 Identity Theft Coverage
    • 5.6 Cyber Security Insurance: Common Exclusions
    • 5.7 Underwriting Cyber Security Insurance Policies
    • 5.8 Cyber Security Insurance Facts and Figures
    • 5.9 Cyber Insurance Market Trends
    • 5.10 The Future of Cyber Security Insurance
    • 5.11 Summary
    • Chapter 5 Quiz

    Exam

    • Final Exam

    FAQ

    Q: What should I expect from this online course?

    A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

    Q: Can I print my online course materials and test questions?

    A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.

    Q: How long does it take to complete an online course?

    A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.