Cyber insurance as a part of a cyber resilience program
Summary
This article discusses the integration of cyber insurance into a broader cyber resilience program. It will explore how insurance, alongside security and business continuity, helps organizations manage cyber risks, particularly in light of market forces like ransomware and the growing influence of AI. The presentation aims to highlight the challenges in obtaining adequate cyber insurance coverage.
IFF Assessment
The article discusses how cyber insurance can be a valuable tool for organizations to transfer risk and improve their overall cyber resilience.
Defender Context
Defenders should understand how cyber insurance fits into their organization's risk management strategy. It's crucial to recognize that insurance is part of a larger resilience effort and not a substitute for robust security controls. Awareness of evolving market dynamics, like the impact of ransomware on insurance availability and cost, is also important.