Life Agents May Face New Login Processes: IRI Conference
April 27, 2021 by Allison Bell
What You Need to Know
- About 70% of big life and annuity issuers use multi-factor authentication for customers.
- Only 40% use multi-factor authentication for distributors.
- Criminals have used data obtained from P&C agent portals to commit unemployment insurance claim fraud.
Many life and annuity issuers need to improve the defenses for distribution-related online systems, according to Matthew Josefowicz.
Josefowicz, CEO of Novarica, said Wednesday that the current defenses are much weaker for life and annuity distributors than for the customers.
Click HERE to read the full story via ThinkAdvisor
Originally Posted at ThinkAdvisor on April 22, 2021 by Allison Bell.
Categories: Industry Articles