Securing the platforms
that underwrite
digital risk.
Insurtech platforms process highly sensitive personal, financial, and health data at scale, making them prime targets for data exfiltration, fraud, and ransomware. Spakto delivers security that matches the pace of product innovation.
Higher PII data breach risk vs general finance
Average insurance sector breach cost
Of insurtechs use vulnerable third-party APIs
Average breach dwell time in insurance
The adversary reality
for Insurtech.
Understanding who is targeting your sector — and how — is the foundation of an effective security programme. These are the primary threat actors, campaigns, and techniques recorded against insurtech organisations in the last 12 months.
Customer PII and Policy Data Exfiltration
Claims Fraud via System Manipulation
API Abuse Across Partner Ecosystems
Ransomware Targeting Claims Processing Platforms
Higher PII data breach risk vs general finance
Average insurance sector breach cost
Of insurtechs use vulnerable third-party APIs
Average breach dwell time in insurance
Security pressures unique
to insurtech.
Every security challenge in insurtech has specific context, specific consequences, and specific adversaries. Generic security programmes don't address them.
Massive PII and Health Data Exposure
Insurance platforms hold some of the most sensitive combinations of personal data — financial history, medical records, and biometrics — making them high-value targets.
Open API Partner Ecosystems
Digital insurance platforms integrate with hundreds of comparison sites, brokers, and reinsurers via APIs that may introduce vulnerabilities from poorly secured third parties.
AI-Driven Underwriting Model Attacks
Machine learning models used for underwriting and fraud detection can be manipulated through adversarial inputs, enabling attackers to systematically game policies.
Multi-Jurisdictional Compliance Burden
Global insurers must comply with GDPR, CCPA, HIPAA (health lines), state insurance regulations, and Solvency II simultaneously — each with distinct security requirements.
Purpose-built solutions
for insurtech.
Each service is calibrated to the specific threat actors, regulatory environment, and operational constraints of your sector — not repurposed from a generic programme.
Comprehensive security testing for insurance platforms
- API penetration testing across partner integration endpoints
- Claims processing platform web application assessment
- Mobile app security testing for customer-facing insurance apps
- AI model security review and adversarial robustness testing
PII and sensitive data protection at scale
- Data discovery and classification across policy and claims databases
- Encryption and tokenisation controls for PII at rest and in transit
- Data loss prevention tuning to detect exfiltration of policy data
- GDPR and HIPAA data processing security assessment
24/7 monitoring with insurance-specific threat intelligence
- Claims fraud signal correlation across digital and legacy channels
- API abuse detection targeting underwriting and quote endpoints
- Ransomware early warning detection tuned for insurance platforms
- Dark-web monitoring for exposed customer policy data
Frameworks
we align to.
We don't just advise on compliance — we build security programmes that satisfy regulatory requirements as a by-product of genuine security posture improvement.
General Data Protection Regulation
Strict requirements for the processing of EU personal data including insurance applications, health data, and claims — with severe breach notification obligations.
EU Insurance Regulatory Framework
Operational risk requirements under Solvency II increasingly encompass ICT and cyber risk as a material risk category requiring formal governance.
Health Insurance Portability and Accountability Act
Mandatory safeguards for health insurers processing protected health information, including technical, physical, and administrative controls.
NY Department of Financial Services Cybersecurity Regulation
Prescriptive cybersecurity regulation for financial services firms licensed in New York — covering penetration testing, MFA, and CISO appointment.
Measurable results across
insurtech engagements.
Reduction in API vulnerability exposure
Comprehensive API security programme across partner integration layer identified and remediated critical business logic flaws enabling policy manipulation.
Full compliance posture achieved
End-to-end GDPR readiness programme across claims, underwriting, and customer data platforms with DPO-aligned documentation and breach response procedures.
Claims fraud detection alert
Behavioural anomaly detection on claims processing workflows now surfaces suspicious patterns within hours — down from weeks under the previous rule-based system.
Secure your insurtech
operations today.
Our security team will map your adversary threat profile, identify the highest-risk attack paths specific to insurtech, and design a programme aligned to your operational constraints and regulatory requirements.