Reduce Cyber Insurance Premiums
Reduce cyber Insurance Cost with our active monitoring service
CyberSecOp’s cyber insurance active monitoring service provide continuously tracking in adherence to current public and private sector security mandates, and detect potential compliance and security gaps. We help organizations gain comprehensive visibility of their digital footprint so they can identify and remediate vulnerabilities before their customers’ personal and financial data can be compromised. Our solution provide personalized alerts identifying the risks that impact each policyholder and provide actionable recommendations to make our policyholders safer.
Insurance frim gain access to real-time data and analytics when needed in a dynamic cyber insurance market. CyberSecOP Security Scorecard helps brokers, insurers, and reinsurers work with stakeholders to identify risk-mitigation strategies.
Cyber Insurance Consulting Services
CyberSecOp understands the nuances of how cybersecurity insurance works, and which policies are right for your business. We leverage our wealth of experience to help guide you through the process of getting the right cyber insurance policy at the best possible price. gain access to In-house, expert security team who can help fix policyholders vulnerabilities. CyberSecOp providing the same protection, and support as we do for large enterprises.
Instant response
Cyber incident response and remediation services identify intrusions and eliminate security breaches. With CyberSecOp’s incident response service, you gain experts who can help reduce incident response times, minimize breach impact, and help your organization recover rapidly. Our in-house staff of incident responders, forensic specialists, and security engineers respond in minutes, not days, to help you recover from network intrusions, ransomware, and business interruption
Technical Expertise
When the worst happens, you need expert support. Rapid Response is a pro-active, and reactive business-focused response services, and flexible strategy designed to respond.
Cyber threat hunting response service digs deep to find malicious actors in your environment
MDR services is a cybersecurity response service that combines technology and human expertise to perform threat hunting
We will coordinate, negotiate, and pay settlement to the hacker. Our response service has a 99% successful rate
DLP Services allows you to respond quickly and efficiently when critical data loss happens
Managed security services offers monitoring and management of your security systems, security incident response & compliance
Faster recovery
Our team helps your organization recover financially and operationally so you can get back to business.
24/7 we are available when you need us most to assist in any security incident response
We will review the current infection, work with you to come up with steps to remediate, and get your business back online fast.
Our cyber experts are brilliant at restoring your files. Doing it without cybersecurity experts can cause you to lose your files permanently.
What is cyber insurance?
Cyber insurance offers protection against damages resulting from electronic threats to your computer systems or data. These threats can result in stolen or damaged information as well as expensive liability and recovery costs.
Since it’s impossible to protect clients from 100% of potential threats, having a cyber insurance policy in place will mitigate the impact, if and when an incident occurs. It will also introduce a third party (the insurance company) into the mix when assigning risk, or transferring risk. A breach may also cause finger pointing and blaming. Having cyber insurance can introduce an additional resource to help diffuse the disputes of those involved.
We have several years of experience and a full understanding of what is needed in your cyber insurance policy as well as cyber security, and cyber security incidents.
Cyber-insurance
Cyber liability insurance and risk management team builds a stronghold of support to confront and protect against developing risks so you are fully prepared. We broker information security services and insurance products to combat and protect against the full spectrum of cyber risks.
Cyber liability insurance covers data breaches
Your incident response plans “should include your cyber insurance component in there. Whatever other requirements you have in your policy, put that into the incident response plan” so “it doesn’t fall through the cracks when you’re dealing with a crisis.
After a data breach or cyberattack, this policy can help pay for:
Customer notification expenses
Fraud monitoring services for affected clients
Legal costs from a client’s lawsuit
Ransomware Cyber Insurance Claims
Ransomware accounted for 41% of all cyber insurance claims, Cyber insurance claims ranged in size from $1,000 to well over $2,000,000 per security incident. Cyber insurance paying claims over the last 5 years has increase drastically, cyber insurance policies have reliably paid claims for ransomware, network interruptions, data breaches, and related liability. Leading insurers handle thousands of claims a year, and US carriers paid cyber claims totaling an estimated $400 million in 2020.
Cyber insurance works. For each and every claim we processed, cyber insurance went beyond the promise to pay. It also played a critical role in helping the insured recover operationally.
Nothing and no one is 100% secure. Claims were made by small businesses, large businesses, for-profits, and nonprofits — across every industry, despite investments in their cybersecurity environment.
The root causes of security failures are largely known and predictable. The implementation of basic cybersecurity controls could have prevented a majority of the claims and losses reported to us. No-cost and low-cost controls, such as multi-factor authentication (MFA) and routine out-of-band backups would have eliminated a majority of losses experience
Cyber and privacy insurance is often confused with technology errors and omissions (tech E&O) insurance. In contrast to cyber and privacy insurance, tech E&O coverage is intended to protect providers of technology products and services, such as computer software and hardware manufacturers, website designers, and firms that store corporate data on an off-site basis. Nevertheless, tech E&O insurance policies do contain a number of the same insuring agreements as cyber and privacy policies. CyberSecOp can help to ensure your organization have the right Cyber Insurance in place.
