1. Get ahead of your cyber liability insurance renewal by working closely with your IT team to implement cybersecurity controls, elaborated below
  2. Review the risks and revise your cybersecurity strategy
  3. Strong cybersecurity will not only lower your premium but will also maximize your resilience in a cybersecurity event.
  4. Have those conversations with your leadership team to understand the risk and options for your insurance needs
  5. Discuss what new controls and procedures the insurance companies are going to ask for this year
  6. Have a good inventory of your IT applications, users and devices.
  7. Know who has access to all of your digital assets and where they work
  8. Know what applications and devices they use
  9. Review your documented policies that govern your cybersecurity risk
  10. Look for gaps in your documented policies when reviewing the controls required for cyber liability insurance




HOW DOES CYBER LIABILITY INSURANCE WORK?

HOW CYBER INSURANCE HELPS

THE PLAYING FIELD HAS CHANGED

WHY PREMIUMS ARE INCREASING

INSURERS’ RISK EVALUATION

KEY SECURITY MEASURES FOR COVERAGE

WHAT AFFECTS YOUR RATE

HOW THE PANDEMIC INCREASED ATTACKS

WHAT YOU CAN DO TO PREPARE FOR POLICY RENEWAL

HOW DUO HELPS

CONCLUSION



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