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IDG Contributor Network: How to get a more cost-effective cyber insurance policy

Discussion in 'CSO' started by RSS, Sep 8, 2016.

  1. RSS

    RSS New Member Member

    A security practitioner who isn't worried about a breach is a rare find in the industry. Even if you are taking all the right steps to protect your assets, there is still a pretty good chance that your network will be compromised.

    For those who are new to security, you might be asking, "What are the right steps?" Jason McMahan, director of technology at Concept Technology, offered tips on how to help mitigate the risk of an attack and obtain a more cost-effective insurance policy.

    McMahan said, "Cyber-security protection and liability insurance have a symbiotic relationship. By showing underwriters that strides are being made to reduce cyber-liability and keep data safe and easily recoverable, businesses may be able to secure lower premiums for their insurance."

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