Insurance Companies Could Seek Third-Party Verification of Customers Self-Attestations
Travelers Property Casualty Company of America took a customer to court after learning that the company, International Control Services, Inc. (ICS), provided false information on its policy application. Specifically, ICS claimed to have implemented multi-factor authentication (MFA), but when they filed a claim following a ransomware attack, forensic investigators found that ICS had not implemented …
