MEET CYBER INSURANCE REQUIREMENTS AND REDUCE RISK
Keep your premiums down and establish a strong security posture that meets the pre-audit requirements from cyber insurance providers.
THE RISE IN CYBER ATTACK PAYOUTS
Throughout 2020, there was an unprecedented surge in cyber and ransomware attacks. Payouts for these attacks have been extortionately high, where providers have undergone massive direct loss ratios for standalone policies1.
A handful of losses could wipe out the billions of dollars generated by cyber insurance companies.2 Cyber threats will persist and evolve, and organizations need to manage that risk.
Cyber insurance providers are now requiring a more in-depth pre-audit evaluation.
Increased demand for a stronger security posture – both controls as well as Incident Response plans.
Comply or Pay Up
Policy holders are required to comply with these changes or face high increases in premiums.
ACCELERATED TIME TO VALUE
The CyberArk Identity Security Platform delivers accelerated time-to-value through a comprehensive SaaS solution set, that addresses the core areas within cyber insurance pre-audit requirements.
Reduced time to benefit
Operationally efficient for IT teams
Annual increase for cyber insurance coverage expected*
Ransomware payments by companies during 2020*
Privileged Access Manager
Reduces risk by discovering, onboarding, managing and securing access to privileged accounts and credentials.
Vendor Privileged Access Manager
Secures third-party access to critical internal resources with session isolation, monitoring and audit capabilities without the need for VPNs, passwords or agents.
A NOTE FROM OUR CFO
“CyberArk’s solutions not only help organizations prepare for the increased scrutiny from insurance providers but more importantly are proven to help mitigate the potential crippling damage and far-reaching costs from a cyber attack.”
Josh Siegel, Chief Financial Officer, CyberArk
TALK TO AN EXPERT
Meet with an expert to see how CyberArk can quickly deploy the foundational solutions needed to satisfy cyber insurance requirements.
Meet new stringent pre-audit requirements
Reduce overall risk through Identity Security solutions
Save money and lower premium costs
Deploy quickly and easily