Cyber Insurance Validation
Insurance for your cybersecurity insurance
Cyber Insurance Verification ensures that companies with Cyber Risk Insurance actually get paid in the event of a claim. The process works by automatically verifying the accuracy of information submitted on the original insurance application and then documenting on an ongoing basis, that the business has used “due care” to reasonably secure their computer network against a breach.
Less responsibility, less risk, more protection for IT leaders.
More often than not, IT leaders are not brought into Cyber Insurance discussions, rather they are left to fill out forms and are not part of the process in determining Cyber Insurance. Yet, they expected to maintain proper posture and ensure that the coverage the business has acquired is met and followed. Cyber Insurance Verification takes a large amount of time and effort out of meeting these demands, and reduces risk in the process.
Benefits of Assessing Cyber Insurance Validation
Current Focus:
MFA
Endpoint Detection
Backups
Employee Training at least annually
Upcoming Focus:
Business Continuity/Incident Response Plan
Patch Management
Privileged Account Management (PAM)/Identity Access Management (IAM)
Security Operations Center (SOC)
Use of Active Directory (on premise, cloud or hybrid sync)
Application Security
Verification of supplier security posture
How TMG helps
How TMG Helps with Cyber
Insurance Validation
TMG helps organizations like yours integrate the necessary pieces of a Cyber Insurance Validation system.
With TMG, you can…
- Access best-in-class providers
- Reduce human capital
- Reduce risk
- Secure optimal rates and terms
- Leverage Project Acceleration
- Receive ongoing support and management
- Experience white glove implementation
- Achieve exponential growth for your organization
- Elimination of supplier sales pitches
- Quickly deselect the suppliers that are not a right fit
