Cyber insurance renewals are getting tougher, with insurers demanding more robust security measures and proof of compliance. Here’s how to make sure your business is prepared:
1. Document Your Security Measures
Insurers want to see that you’re proactive about cybersecurity. Have clear, updated policies on data protection, incident response, and employee training.
2. Implement Multi-Factor Authentication (MFA)
MFA is now a baseline requirement for many policies. Make sure it’s in place for all critical systems and accounts.
3. Conduct a Vulnerability Assessment
Regularly scan your network for vulnerabilities and patch any weak points. Insurers will ask for proof that you’re managing risks effectively.
4. Train Your Team
Human error remains the leading cause of breaches. Regular training on phishing and social engineering can significantly reduce risk.
5. Have a Response Plan
Demonstrating a robust incident response plan shows you’re prepared to minimize damage if a breach occurs.
At ICSI, we guide you through the entire process—evaluating your security posture, implementing best practices, and ensuring you’re well-prepared for your next cyber insurance review.
Let’s make sure your coverage works when you need it most
Click here to request a Free IT Assessment and we will work with you to put together an action plan for you to implement Managed IT Services.