Cyber Insurance

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Cyber Insurance

Why Cyber Insurance Will Revive Cyber Business Intelligence

January 16, 2023

Things have been tough recently in the cyber insurance industry. Businesses have a difficult time finding affordable policies while underwriters struggle to return loss ratios to profitable levels. These challenging times, however, are forging a resurgence in cyber business intelligence.

Businessman using smartphone showing cyber insurance and multi-factor authentication

Cyber Security Insights

How To Satisfy the Cyber Insurance Requirement for Multi-factor Authentication for Critical Self-Hosted Applications

January 9, 2023

Cyber insurance providers wants to be sure that the company is proactively managing their cybersecurity risk and one of the requirements is to implement multi-factor authentication (MFA) for all applications and APIs. what is the fastest and most cost-effective path to connecting all your self-hosted apps to your identity platform and enabling MFA?

Businessman caught in heavy rain hiding under his jacket showing cyber insurance

Cyber Security Insights

Amid Surge in Ransomware Attacks, More Organizations Are Being Rejected for Cyber Insurance — What Can Leaders Do?

November 28, 2022

Surge in ransomware attacks and the complex cybersecurity landscape – complicated by the growing adoption of remote work – are giving cyber insurance companies leverage to hike premiums at alarming rates. Here are three strategies to help you find keep costs affordable and get approved for coverage you need.

Engineer holding umbrella in data center showing cyber insurance and security controls

Cyber Security News

80% Of Companies Filing Cyber Insurance Claims Portends Higher Costs, New Requirements for Security Controls

November 17, 2022

Requirements by insurers to implement security controls are already on the rise as 80% of cyber insurance policyholders have filed a claim and 50% have filed more than one.

Man typing on keyboard of laptop showing PAM and MFA affects cyber insurance premiums

Cyber Security Insights

How PAM, MFA Helps Organizations Meet Cyber Insurance Requirements

September 27, 2022

Given that compromised credentials are a leading cause of cyber attacks, many cyber insurance underwriters are looking for robust privileged access management (PAM) and multifactor authentication (MFA) controls before pricing out their policies.

Computer system hack warning showing ransomware attack and cyber insurance

Cyber Security Insights

Prevention Is Better Than Cure: Ransomware Insurance Is Not a Cybersecurity Strategy

September 13, 2022

2021 was the year of ransomware, with attacks almost doubling in 2020. Cyber insurance providers, reeling from an historic couple of years, are maturing their qualification processes and raising the bar for pay-outs, so businesses can no longer rely on insurance alone as a protection and recovery strategy.

Girls take shelter with umbrellas from strong wind and rain showing cyber insurance coverage for ransomware payment

Cyber Security News

“Cyber Insurance Gap” Growing as 80% Of Business Coverage Below Median Ransomware Payment Demand

September 7, 2022

Only 55% of the organizations surveyed are carrying any cyber insurance at all. And of those that are insured, just under 20% have more than $600,000 in coverage; not enough to meet the usual ransomware payment, let alone the potential cleanup costs.

Finger pointing at virtual lock showing cyber insurance and preventive measures

Cyber Security Insights

How To Lower the Cost of Your Cyber Insurance Premiums

August 3, 2022

By the end of 2021, 98% of companies were experiencing increases in cyber insurance costs. It has never been more important for businesses to demonstrate to insurers the efforts made to combat the cyber threat.

Businessman standing with an umbrella in the ocean showing cyber insurance and zero trust architecture

Cyber Security Insights

Obtain (And Keep) Cyber Insurance With Two Magic Words: Zero Trust

July 22, 2022

Cyber insurance has become fiendishly difficult and extremely expensive to secure and maintain. Businesses looking to obtain cyber insurance would be wise to adhere to the principles of Zero Trust Architecture (ZTA).

Businessman standing while holding an umbrella showing cyber insurance based on attack surface EASM

Cyber Security Insights

How Are Cyber Insurance Premiums Calculated? It’s Complicated, but EASM Can Provide Clarity

July 7, 2022

Factoring External Attack Surface Management (EASM) into the equation means the math is clear for all. Insurance companies can better justify premium prices, while companies can demonstrate their cyber posture when applying for cybersecurity insurance.

Cyber Insurance

Why Cyber Insurance Will Revive Cyber Business Intelligence

How To Satisfy the Cyber Insurance Requirement for Multi-factor Authentication for Critical Self-Hosted Applications

Amid Surge in Ransomware Attacks, More Organizations Are Being Rejected for Cyber Insurance — What Can Leaders Do?

80% Of Companies Filing Cyber Insurance Claims Portends Higher Costs, New Requirements for Security Controls

How PAM, MFA Helps Organizations Meet Cyber Insurance Requirements

Prevention Is Better Than Cure: Ransomware Insurance Is Not a Cybersecurity Strategy

“Cyber Insurance Gap” Growing as 80% Of Business Coverage Below Median Ransomware Payment Demand

How To Lower the Cost of Your Cyber Insurance Premiums

Obtain (And Keep) Cyber Insurance With Two Magic Words: Zero Trust

How Are Cyber Insurance Premiums Calculated? It’s Complicated, but EASM Can Provide Clarity

Russian Phishing Campaign Targets Messaging App Users to Steal Recovery Keys and Take Over Accounts

“Cyber Shield,” Britain’s Agentic AI Cyber Defense Project, Prepares for the World of Machine-Speed Attacks

Data Breach Hits AssuranceAmerica Exposing Personal Information of Nearly 7 Million People

Data Breach at Aflac Japan Impacts 4.38 Million Customers and Sales Agents