Closing the Cyber Insurance Gap – 2023 State of Cyber Insurance Report

Packed with charts and survey findings, the 2023 State of Cyber Insurance Report shows trends over the last two years as demand for cyber insurance skyrocketed and insurance companies tightened the reigns to reduce their exposure.

The bar for cybersecurity controls is higher than ever, which requires a budget for purchasing technical solutions and the ability to prove you have the right policies in place. Identity and access controls, password vaults, and MFA are must-haves for any organization seeking insurance.

Survey data from 300+ cyber insurance decision-makers and policyholders expose insights that can transform how you prepare for insurance questionnaires, demonstrate risk management, and negotiate rates.

The findings in this original research reveal:

• The most important cybersecurity tools to have before renewing or applying for cyber insurance
• Just how long it really takes to prepare for and qualify for cyber insurance
• Common post-incident expenses that aren’t covered by cyber insurance
• Typical mistakes that will nullify your policy

Download the full report to see more insights, and learn how companies use cyber insurance to transfer their risk.

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