Cyber Insurance Changes: A 2024 Update on Navigating Insurance and Using Your Cyber Posture to Save Money

Cyber Insurance has become more accessible, and the costs have stopped skyrocketing for many organizations. But that doesn’t mean it’s easy to navigate or cheap to buy.

Organizations that face longer questionnaires and more rules continue to consider the strategic role of insurance. At the same time, insurance carriers continue to change the way they think about bringing down cyber risk, trying new tactics.

In this webinar we will provide actionable takeaways and insights around the changing costs of insurance, new strategies, and what fine print you should be on the lookout for in your policy review.

Topics We Will Cover:

1. Evolving Cyber Threats and Market Dynamics:
2. How sophisticated threats are influencing cyber insurance policies and practices.
3. Insurance Essentials:
4. What to expect for coverage, ransomware payments, costs, and the nuances of policy selection to match organizational needs.
5. Why requirements from providers are changing and how to align your cybersecurity posture with these expectations.
6. Proactive Cybersecurity:
7. How MXDR will limit insurance risk exposure with threat hunting, detection, and response capabilities.
8. Risk Management and Insurance Eligibility:
9. Which protocols, standards, and security controls are expected by cyber insurers.
10. The factors determining your cyber insurance eligibility and coverage.

Takeaways:

• Tips on obtaining and maintaining cyber insurance coverage, optimizing costs, and implementing key risk mitigation strategies.
• Data privacy controls and security frameworks that underwriters consider when offering coverages.
• How integrating MXDR with a well-considered cyber insurance strategy can provide an overall lower risk of major downtime, ensuring that your organization is well-defended against the ever-evolving cyber threat landscape.

Join us April 4, 2024 at 11am PT/2pm ET