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All issuesVolume 308, Issue 2IT NewsOperations

Meet Your New Cybersecurity Auditor: Your Insurer

DARKReading, Monday, November 6,2023

As cyber insurance gets more expensive and competitive, security decision-makers have actionable opportunities to strengthen their cyber defenses.

As businesses deal with the fallout of massive ransomware waves, from Lapsus$ to Cl0p/MOVEit, an unlikely new entity is joining the regulatory bodies to raise the bar for cybersecurity: the cyber insurer. These experts do more than just process claims in the aftermath of an attack. Their coverage requirements and metrics-driven approach to risk put organizations not meeting cyber-hygiene basics on notice. How can chief information security officers (CISOs) prepare to work with this important power player?

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