Call us now:
A topical follow-on from the article I posted yesterday on cyber insurance, which initiated a good conversation on the role of insurers and standards (https://lnkd.in/eENi-mj).
Some insurers are looking to influence premiums through the use of tools they recommend. Whilst I do not agree that any tool will give you a view of your security posture (good luck with that one), it is an example where the insurance industry plays a part in supporting clients better understand their security risks. A similar approach has been taken by car insurance for younger drivers. Who received lower premiums if they do not drive at night, or have a ‘black box’ fitted to their car to monitor driving performance based upon GPS.
The risk insurers face in cyber is that it’s a complex risk and no single tool can yet predict your security posture. But it does provide a starting point for the use of tools by insurers. Cyber is a data rich environment behind and in front of the corporate firewall. There are plenty of known and unknowns which can be mined and turned to good use to reduce premiums if applied constructively. Vulnerability, patch, obsolescence, threats, access management………..
View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6587609450545238016