Here are five ways to leverage a compliance solution to abide by cyber liability insurance requirements:
1. Education about your Contracts
It’s up to you to read the fine print of the contract and understand the ramifications. With the sharp rise in unpaid claims last year, it’s likely you will encounter pushback from your insurance company when filing a claim. Read the Top 5 Reasons Cyber Liability Insurance Companies Deny Claims.
2. Compliance Assessment
Rapid Baseline Assessments quickly identify existing deficiencies with your policies. With a minimal investment of time, we will be able to show you where there are deficiencies and the need for Cyber Security essential services.
3. Remediation Services
Once you commit to an ongoing cyber risk assurance policy, you can easily create a Plan of Action & Milestones (POA&M) allowing you to remediate issues based on the assessment. This is an effective way to protect you and your assets.
4. Compliance-Specific Documentation
We will provide you with fine-grained, policy-specific documentation, no matter the policy or insurance company.
5. Seek a suitable Cyber Insurance Policy
If you do not yet have cyber liability protection, you can seek several different levels of coverage at different price points.