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Top security practices to reduce risk – according to cyber insurance providers

Cyber insurance is becoming harder to secure and more expensive to maintain. Learn what organizations must do to reduce risk and remain insurable.

Highlights

Highlights

5-to-1 Loss Ratio

Insurers are paying $5 in claims for every $1 in premiums — expect 15–40% rate hikes, shrinking limits, and carriers exiting the market.

60% Don't Survive

60% of SMBs hit by a cyberattack close within six months, and ransomware hit 66% of organizations last year – up from 37% in 2020.

Close the MFA Gap

Deploy MFA across email, privileged accounts, and remote access now — 70% of paid claims could have been avoided by MFA alone, and carriers are denying renewals without it.

Test the Plan

Run a live tabletop exercise this quarter - assign owners, test your callback procedure, and validate backups before an incident does it for you.

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Featured Speakers

Adam Veldpaus

Commercial Account Executive, Cowan Insurance Group

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