Cyber Insurance Archives

Why EDR is an essential requirement for cyber insurance

Cyber insurance helps cushion the financial impact of a data breach, but did you know that insurance carriers expect policyholders to meet them halfway? A company applying for a cyber insurance policy must demonstrate its effective cybersecurity policies and countermeasures. For example, many carriers require the applicant to prove that it is using an Endpoint [...]

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What a CISO needs to know about cyber insurance

Blog / Cyber Insurance

Cyber insurance concepts every CISO should understand Cyber insurance has become essential to any risk management strategy, as no organization can bank on its cyber defenses being 100% invulnerable. It's also essential because even a successful defense against an attack can still result in significant costs. To mitigate risk, it makes sense to invest in

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Meeting backup requirements for cyber insurance coverage

Blog / Cyber Insurance, Security Posture

Understand the changing cyber insurance landscape The prevalence of ransomware has had a devastating impact on businesses over the past few years, with insurance underwriters seeing increasingly large ransomware payouts. As a result, some core cyber security hygiene fundamentals are being required by insurers to qualify for coverage. Find out if your business would qualify

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Applying for cyber insurance? Here’s what you need to know

Blog / Cyber Insurance, Security Posture

Everything you need to know to apply for cyber insurance and protect your business against cyber threats In today’s business environment, there are many cyber risks that could put your company’s computer systems or valuable data in jeopardy. Ransomware, cyberattacks, and breaches of security are on the rise and more consequential than ever, and cyber

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How to qualify for cyber insurance

Blog / Cyber Insurance, Security Posture

Cyber insurance coverage requirements More risk means tighter qualifications and higher premiums when it comes to insurance — cyber insurance is no different. The past few years have seen enormous increases in cybercrime and, not surprisingly, skyrocketing claims. Plus, many companies may be surprised to learn their insurer is no longer including cyber coverage in

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