Presented by
Charlotte Jupp - Panaseer, Nathan Hankin - Aon and Sean Martin - ITSPmagazine
Proving You’re a Safe Bet: How to Get the Cyber Insurance Your Business Needs
About this talk
The rise of ransomware is putting both cyber insurers and their potential customers under increasing pressure. The surge in both the frequency and value of customer claims - coupled with the fact that it’s difficult to accurately assess cyber risk - has meant that enterprise security teams and insurers are at a kind of impasse.
As a result, security leaders are facing numerous challenges: insurance premiums are rising, policy coverage is being limited, and insurers are demanding more detailed evidence of a strong security posture. It's leading many enterprises to question the value of cyber insurance.
In this discussion, Charlotte Jupp, Head of Security Performance Management at Panaseer is joined by Nathan Hankin, Senior Cyber Broker, Commercial Risks Solutions, at Aon; and Sean Martin, CISSP and co-founder, ITSPmagazine, to share how security leaders can navigate the complex landscape of securing the cyber insurance the modern business needs.
Join them to learn:
- The factors impacting insurance premiums and the challenges insurers face when assessing cyber risk
- How to prove security posture to insurers and the necessary steps to take to get there
- Why Continuous Controls Monitoring (CCM) technology can help you secure a reasonable premium
- What the future looks like for insurer and customer, and what could drive positive change for the industry as a whole
- And more
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Panaseer helps organisations proactively understand their security posture with automated trusted security metrics using Continuous Controls Monitoring (CCM).
Panaseer provides Cyber Asset Management - A trusted inventory of all assets that is business enriched with context, criticality and ownership and Security Controls Management – The ability to understand security control effectiveness and identify gaps in protection across eight security domains: Vulnerability Management, Endpoint Management, Patch Management, Identity and Access Management, Privileged Access, Security Awareness, Cloud Security & Application Security.
By taking all the data from disparate business, IT and security tools and bringing it together using data science; we give organisations the ability to prioritise risk based on business context, so they can make better decisions and prioritise and track remediation campaigns all of which is helping organisations fully understand their security posture without the need for manual reporting.
Visit panaseer.com to find out more.