Continuity™ provides the industry’s ONLY storage & backup security solution, to help you protect your most valuable data.
Cyber insurance provides a cushion to fall back on in a successful cyber-attack, providing coverage for damages caused by data loss.
Insurance companies carry out risk assessments which determine your premiums, coverage limits, and whether or not you qualify for cyber insurance.
In order to manage risks, insurance companies require policyholders to set up and maintain cyber-security standards to qualify for cyber insurance.
As cyberattacks continue to evolve, insurance companies are now adding measures such as immutability, regular backup testing, and multi-factor authentication for backups, as a requirement to reduce cyber liability. In addition, if you have active measures in place to protect your backups, it will help you negotiate lower insurance premiums.
While these measures vary depending on the insurance company, here are a few examples of cyber insurance application forms, in which they include specific questions on backup and data recovery policies.
Tokio Marine HCC
An 8-Point Checklist for Backup Protection
A ransomware attack is a horrible time to discover that your backups are not secure, so to help, here’s an 8-point checklist to determine whether your backups are sufficiently secured.
Take the 2-minute Ransomware Resiliency Assessment for Backups, to receive your maturity score and practical recommendations.
Get in touch to see how you can detect, prioritize, and fix all security risks in your storage & backup systems.