To provide your clients with greater protection from cyber attacks the first thing your customer needs to do is lock their information systems down. By doing so they significantly improve their chance of avoiding a cyber attack and as a consequence reduce the risk of a claim. If they are attacked then being properly prepared significantly increases their chance of survival with a lower cost of remediation.
To do this your smaller customers should be incorporating US government NIST or UK GCHQ Cyber Essentials best practice frameworks and standards.
CySure solution provides guidance on assessing existing cyber security practices, sets cyber security goals that align with business needs and reports to the company leadership on cyber security status and what needs to be done and when to maintain security.
If your customer implements CySure, then their risk rating will fall and Insurance carriers can reward CySure users with a lower cost cyber insurance cover that makes the carrier more competitive.
Insurance companies benefit from advising their customers on the consequences of poor internet security and then laying out a clear solution. By being part of the solution Insurance companies increase their customer retention rates and reduce the amount of claims and the value of claims resulting in increased profitability. Insurance companies can begin this process by partnering with CySure.
Contact via Email