Tackling the New Cyber Insurance Requirements: Can Your Organization Comply?
Feb 07, 2023
Identity Protection / Cyber Insurance
With cyberattacks around the world escalating rapidly, insurance companies are ramping up the requirements to qualify for a cyber insurance policy. Ransomware attacks were up 80% last year , prompting underwriters to put in place a number of new provisions designed to prevent ransomware and stem the record number of claims. Among these are a mandate to enforce multi-factor authentication (MFA) across all admin access in a network environment as well as protect all privileged accounts, specifically machine-to-machine connections known as service accounts. But identifying MFA and privileged account protection gaps within an environment can be extremely challenging for organizations, as there is no utility among the most commonly used security and identity products that can actually provide this visibility. In this article, we'll explore these identity protection challenges and suggest steps organizations can take to overcome them, including signing up for a free ident...