Webinar: Learn How to Comply with New Cyber Insurance Identity Security Requirements
Feb 09, 2023
Identity Protection / Cyber Insurance
Have you ever stopped to think about the potential consequences of a cyberattack on your organization? It's getting more intense and destructive every day, and organizations are feeling the heat. That's why more and more businesses are turning to cyber insurance to find some much-needed peace of mind. Imagine, in the unfortunate event of a successful security breach or ransomware attack, the right policy can help minimize liability and contain losses. However, skyrocketing claims in 2020 sent shockwaves through the insurance industry, forcing insurance providers to reinvent the criteria for acquiring or renewing cyber insurance. As a result, businesses are now navigating a dramatically altered terrain where they must prove their ability to defend against ransomware attacks. This includes implementing a wide range of robust security measures, particularly around identity protection requirements such as MFA coverage and service account protection. The new identity protectio