Understanding Cyber Insurance Identity Security Requirements for 2023
The need for cyber insurance has gained momentum during the last decade and is now a common necessity (and a best practice) for organizations of all sizes and in all verticals. However, the recent surge in ransomware attacks[em-dash]and the steep rise in their destructive impact[em-dash]has made insurance underwriters realize that a radical change in the standard security posture is needed, particularly around MFA requirements and service account protection.
In this TLExperience, we’ll take a deep dive into both the risk management and identity protection aspects of the new cyber insurance requirements. Join Shay Simkin, global head of cyber insurance at Howden Group and Yiftach Keshet, technology expert at Silverfort, to discover:
Why insurers are pursuing new specific MFA controls for cyber insurance
How these controls minimize ransomware attack surfaces
What types of MFA are required for cyber insurance
How to extend MFA and other modern access controls to all resources, including service accounts and others that weren't previously protected