As critical vulnerabilities hit an alarming 35,000+ Common Vulnerabilities and Exposures (CVEs) this year, it’s clear that all businesses—from SMBs to large enterprises—face a volatile threat landscape that necessitates well-managed solutions to maintain resilience. While some believe that cyber threats evolve too quickly to keep up with, new approaches are emerging that enable any business to defend itself from the growing onslaught of cyber threats.
As these vulnerabilities climb, cyber insurers are at the forefront of contextualizing this heightened threat environment because part of their remit is simplifying the complex world of cyber risk so that brokers and business leaders can quantify and manage emerging risks.
In recent years, the cyber insurance industry has shifted to a new approach: providing coverage in the fallout of a cyber incident and taking active steps to prevent digital risks before they strike. This preventative approach leverages millions of signals from across the internet, honeypots, and businesses’ IT environments to monitor better and mitigate cyber threats. It’s a data-informed method that also leverages AI-powered insights, resulting in a…
