Insights into Enhanced Cybersecurity Insurance Requirements: Meeting the demands of cyber risk insurers
As cyberattacks continue unabated and the cost of ransomware increases, insurance claim payouts exceed insurance premiums. The insurance industry can’t sustain these conditions and is working to right the ship.
In this paper, we explore the state of cyber risk insurance and how insurers react to the current threat landscape. Specifically, we examine more stringent insurer requirements for Privileged Access Management (PAM). Why is PAM so important that it can make or break your ability to get insurance and avoid denied claims and premium hikes?
Download this paper to understand:
- Questions cyber insurance providers and brokers will likely ask
- How to demonstrate the necessary security controls to prevent denials in coverage or claims, increased premiums, and delays in coverage