Cyber Insurance Readiness Assessment.

• Current Security Framework: Assess existing cybersecurity controls like firewalls, IDS, and encryption methods.
• Security Policies: Review data protection and incident response plans to ensure they meet insurer standards.
• Incident Response: Evaluate readiness and response times for addressing cyber threats.

• Risk Assessment: Assess vulnerability scanning and risk management processes.
• Third-Party Risk: Evaluate vendor risk management to prevent third-party breaches.
• Leadership Involvement: Ensure board-level commitment to reducing cyber risks.

• Data Classification: Review data protection practices, including encryption and tokenization.
• Data Retention: Assess policies for securely disposing of outdated data.
• Privacy Compliance: Ensure adherence to privacy laws like GDPR and HIPAA.

• Endpoint Security: Evaluate antivirus and endpoint detection tools.
• Network Security: Review firewalls, IPS, and network segmentation.
• MFA: Ensure multi-factor authentication is implemented for critical systems.
• Backup and Recovery: Assess the frequency, security, and testing of backups.

• Policy Coverage: Identify required cybersecurity controls for coverage eligibility.
• Regulatory Compliance: Review adherence to industry regulations like PCI-DSS.
• Audit Records: Ensure records of audits, penetration tests, and assessments are up-to-date.

• Security Training: Provide training on phishing, password management, and social engineering.
• Insider Threats: Assess measures to detect and mitigate insider risks.
• Access Control: Ensure minimal access rights and regular monitoring of user activities.

• Response Planning: Review incident response plans for containment and recovery.
• Ransomware Preparedness: Evaluate readiness for ransomware attacks and data restoration.
• Business Continuity: Ensure operational resilience during and after cyber incidents.

• SIEM Systems: Assess real-time monitoring and anomaly detection practices.
• Logging: Ensure secure and reviewable logs for critical systems.
• Incident Reporting: Review mechanisms for internal and external incident reporting.

• Third-Party Risk: Assess risks related to external vendors and contractors.
• Contracts and SLAs: Ensure cybersecurity clauses and breach responsibilities are included in agreements.

Tailored solutions to enhance your security and meet insurer requirements

Identify and mitigate gaps to reduce premiums and improve readiness.

Continuously adapt your security measures to meet evolving cyber threats.