Arizona Health Insurance Practice Exam

What must insurers implement and maintain to protect their information systems?

1. Security audit

2. Risk management plan

3. Cybersecurity policy

4. Data protection manual

The correct answer is: Cybersecurity policy

To effectively protect their information systems, insurers are required to implement and maintain a cybersecurity policy. This policy serves as a comprehensive framework for safeguarding sensitive data from potential cyber threats, ensuring that appropriate measures are in place to mitigate risks and manage incidents. A cybersecurity policy typically outlines the organization's security protocols, including access controls, data encryption, incident response strategies, and employee training programs to enhance overall awareness about cybersecurity best practices. By having such a policy in place, insurers demonstrate their commitment to protecting both their own information systems and the personal data of their clients. While security audits and risk management plans are important components of a comprehensive security strategy, they function as tools or processes to assess and manage risk, rather than the overarching policy that dictates how an organization will operate its security measures. A data protection manual might contain specific procedures and guidelines, but it may not encompass the broad security objectives and strategies outlined in a dedicated cybersecurity policy. Thus, the implementation of a cybersecurity policy is crucial for ensuring robust protection of information systems within the insurance industry.