When it comes to building cybersecurity programs and identifying an enterprise’s cyber risk, we often look to standardized guidance such as the NIST Cybersecurity Framework or the MITRE ATT&CK Framework to place a stake in the ground. But in a $167 billion global cybersecurity market, where do you possibly begin researching so you can gain real confidence in a cybersecurity product’s ability to help lower your risk? The Cyber Catalyst by MarshSM program offers reliable navigation in a vast sea of offerings.
What is the Cyber Catalyst by Marsh program?
Behind the scenes of this program are eight leading insurers who evaluate offerings for their ability to have a meaningful impact on lessening cyber risk. Now in its second year, the Cyber Catalyst program reviewed more than 90 offerings for its 2020 cycle. Designees are evaluated by eight insurers, who voted independently using the following criteria:
- Reduction of cyber risk
- Key performance metrics
- Viability
- Efficiency
- Flexibility
- Differentiation
Think of this prestigious Cyber Catalyst by Marsh designation as the cybersecurity equivalent of an ecolabel such as Energy Star or LEED certification in the realm of…
