The Critical Role of Cyber Defenses in Cyber Insurance Adoption
To help organizations better understand the role cyber defenses play in optimizing their insurance position, Sophos has conducted a study of 3,000 IT/cybersecurity professionals that reveals:
- The level of cyber insurance adoption in 2023
- The role of cyber defenses in securing coverage
- The impact of cyber insurance on an organization's ability to recover from a ransomware attack
Sophos Guide to Cyber Insurance
How strong cybersecurity controls can help reduce premiums and lower riskThe cyber insurance market is changing fast, and conditions remain tough as the market continues to respond to the increase in claims in recent years. While most organizations already have some cyber insurance coverage, many are finding that the level of cybersecurity they need to qualify is now higher, policies are more complex – and premiums continue to go up.
