If your insurance brand is active in the cyber security sector then it’s good to know what attitudes, and spending plans, businesses have to counter these online threats. Here’s the word;
Global tech analyst firm, Omdia, and the InsurSec provider for the digital age, At-Bay, released new research today investigating the important role cyber insurance can play in a proactive cybersecurity strategy. The research found that organizations of all sizes are embracing proactive cybersecurity solutions and that cyber insurance is emerging as a key driver of cybersecurity spend decisions for many businesses. There is however, a big opportunity for businesses to partner more closely with their insurance provider to unlock more effective risk reduction strategies, especially if the provider is a hybrid InsurSec (insurance and cybersecurity) provider.
“We believe an important finding from this report is that there’s a large number of organizations that should consider partnering with a cyber insurance provider to help drive cybersecurity maturity,” said Omdia analyst, Andrew Braunberg. “There can be upside for enterprises in aligning proactive cybersecurity spending with…
