Why Are Cyber Insurance Premiums Rising?

Why Are Cyber Insurance Premiums Rising?

Cyber risk is a persistent and rapidly evolving threat to organizations in all industries today. While the $150 billion cybersecurity market provides numerous safeguards, understanding the available products and solutions is essential for informing risk management strategies and cybersecurity investments.

Recognizing innovation and efficacy, CyberSecOp security programs leverage the collective knowledge of leading framework and cyber insurers to assess the effectiveness of your organization's cybersecurity risk and provide a roadmap to reducing cyber risk.

CyberSecOp assists organizations in putting in place the necessary controls to help them achieve their risk transfer goals in a more difficult insurance market. We know that implementing the right cyber controls will provide your organization with a higher level of security, lower insurance premiums, a better ability to identify threats, and, ideally, a faster recovery from an attack.