July 12, 2023
Terri O'Brien

Équité Association’s Cyber Security Strategy Underpins Mission for Best-in-Class Prevention of Insurance Crimes

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At Équité Association, our cyber security strategy underpins our mission to provide best-in-class prevention and defense against insurance crimes through advanced analytics, intelligence and coordinated investigations.

In Canada, and internationally, the complexity of technology, adoption of new technologies and the audacity of cyber criminals is steadily increasing. In response to this, we have continued to enhance our security posture by creating strategic cyber-threat management partnerships, educating our workforce, deepening our technological capabilities, and investing in top talent. By underpinning Équité’s products and services with a proactive, agile cyber security processes, we are able to minimize risk and effectively shut down threats.

Creating strategic cyber-threat management partnerships

Our mission underscores the importance of collaboration, and that carries through to our security. Équité has created a number of strategic cyber-threat management partnerships through service providers who support our ability to identify, protect, detect, respond to and recover from cyber threats. We comply with International Organization for Standardization (ISO) 27001 Standard, which vets people, policies and technology, as a tool for risk management, cyber-resilience and operational excellence. We also align with the National Institute of Standards and Technology (NIST) framework for cybersecurity incident management and response.

Educating our workforce

All staff at Équité know they are part of the solution when it comes to proactive cyber risk threat management. Through in-depth quarterly training, we pride ourselves on keeping cyber threats top of mind. By educating our workforce about cyber threats, Équité has layered another level of proactive protection, along with our cyber-threat management partnerships and technological capabilities.

Technological capabilities

Vigilance and a proactive approach are crucial for safeguarding our data. Similar to other organizations, Équité notifies employees of external incoming emails to identify potentially malicious external emails. Access to internal files are protected by multi-factor authentication and additional safeguards. Our end-point detection and response solution proactively searches for, identifies, and segregates cyber threats, such as spyware, bots, malware and emerging risk patterns.

Investing in top talent

Our continued investment in cyber technology is driven by the deep knowledge and expertise of our cyber security experts. We work with recruiters who specialize in identifying established technology and security professionals, and align talent with Équité’s culture and values. Équité’s commitment to diverse talent, respect for all voices and other perspectives fosters an environment of trust and growth that reinforces top talent recruitment and retention.

At Équité, we are committed to keeping pace with the ever-evolving landscape of cyber security threats and emerging technologies. By recognizing the strength of collaboration through our vigilant workforce and strategic cyber-threat management partnerships, Équité is able to provide our members best-in-class services and products to fight against insurance crime.