Advice for CISOs: Help Your Organization Get the Best Results From Cyber Insurance

CISOs’ involvement in cyber insurance can help their organizations save money and better prepare for cyber risks.

Boston, June 3, 2020 Despite the ubiquity of cyber insurance options and recent trends that highlight organizations’ need for coverage, confusion continues to exist regarding cyber insurance. This rapidly evolving cybersecurity environment will necessitate smart policy procurement, and chief information security officers must work closely with chief risk officers and finance teams to maximize the value derived from cyber insurance.

This Impact Brief will provide CISOs recommendations on how to best advise their organizations regarding cyber insurance. It is based on 28 face-to-face and telephone interviews that Aite Group held from mid-November 2019 through mid-April 2020 with global executives from underwriters, brokers, buyers, and emerging technology companies offering innovation in the cyber insurance market.

Clients of Aite Group’s Cybersecurity service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions At-Bay, Axio, BitSight Technologies, CyberGRX, Cytegic, CyQUANT, Kovrr, Panorays,  RiskRecon, SecurityScorecard, and UpGuard.

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