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NY Department of Financial Services Issues Cyber Fraud Alert to Auto Insurers

24
Feb
2021
NY Department of Financial Services Issues Cyber Fraud Alert to Auto Insurers

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The New York Department of Financial Services (NYDFS) has issued an alert to instant-quote websites, particularly car insurers, warning of a growing campaign to steal nonpublic information (NPI).

The agency says it learned of the threat after receiving reports from auto insurers that cybercriminals were targeting their premium quote sites to steal driver’s license numbers.

According to the guidance, “the insurers first noticed this activity because of an unusually high number of abandoned quotes or quotes not pursued after the display of the estimated insurance premium.

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