Big Data. Big Risk.: Ensuring Protection for a Company Insuring Millions
Leading life and health insurance company covering one in nine Americans.
In addition to rapidly increasing costs to coordinate, manage, and maintain their data security system, our client found their system was also inadequate in the face of new government regulations. This impacted numerous data security systems across many applications, platforms, systems, and affiliates located throughout the U.S.
Failing to maintain the security of customer and affiliate personal data could be devastating to both the individuals and the company. With data theft increasing YOY by double-digits and almost 175 million personal records exposed in 2015 alone*, the threat is greater than ever and could result in multi-billion dollar losses for our client.
Through providing project managers and technology experts that augmented the client’s existing team, APC was able to provide the missing skills necessary to close the security risk gap. Our team assisted in the implementation of the IBM RACF solution, creating a timely end-to-end data security system with policies based upon the current business needs while also allowing for future expansion.
This included a coordinated approach to multiple platforms, different data applications, open and closed networks, and personal access points such as the Internet, smart phones, PCs, and affiliate servers in numerous locations throughout the country. A security process for the maintenance of the data access policies was also implemented, shoring up loose ends to ensure that personal data for over 73 million individuals was secure.
“This was the best constructed and managed project I’ve ever been associated with. This project will become the new bar by which all other projects will be measured.”
-M.S., Chief Information Officer
*Source: Socialnomics.com, “6 Cyber Security Statistics You Should Know for 2016”