The best way to understand your cyber risk insurance coverage is to measure the most probably and most costly risks and loss types.
Cyber risk insurance can reduce the financial impact of a cyber incident, but often the details are left unexamined.
In this video, Tom Callaghan explains how optimize or negotiate cyber risk insurance that aligns with your business needs. The best way to understand your cyber risk insurance coverage is to measure the most probably and most costly risks and loss types. The Cyber Risk Quantification (CRQ) and the FAIR methodology is a recognized framework that CISOs use to quantify cyber risks. The result of a CRQ analysis allows you to compare your loss types and those of the insurance policy to see where you are best covered and how to improve coverage.
00:00 : Introduction
01:15 : How do you pick the right cyber insurance policy aligned to your business needs?
02:55 : Questions you need to answer before getting a cyber security insurance
03:28 : Benefits from the CRQ and the FAIR methodology
04:07 : Conclusion
Tom and Christophe hosted a webinar on "Optimizing Cyber Risk Insurance". Watch the on-demand replay:
Read our Use Case: "Optimize Cyber Insurance Coverage"
Download our Case Study: "Evaluate your coverage with Cyber Risk Quantification"
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C-Risk is a recognized expert in Cyber Risk Quantification using the FAIR™ methodology. We provide CRQ consulting services, managed services, and training.
