6 things cyber underwriters love
Clients often ask what types of cybersecurity measures they should adopt as a business, so we’ve spoken to our underwriters and security team at CFC to see what they love in potential clients.
If one thing’s for certain, it’s that cyber incidents are happening to businesses of all types sizes and it's costing them dearly. Businesses are getting stung by cyber-related losses like fraudulent wire transfers and ransomware attacks more than ever. This has meant that while the need for cyber insurance has never been greater, cyber insurers are having to look even more carefully at each potential client to make sure they are taking the most basic precautions to protect themselves.
But what are those cybersecurity measures? What can businesses do to make sure they are ticking all the right boxes for cyber insurance providers and getting the best price for their policy? We've put together a handy infographic to show you how clients can get an A+ in our view:
If you'd like to find out more on this topic, check out our webinar hosted by Cyber Development Leader, Lindsey Nelson - Becoming an insurable risk: What cyber underwriters love.