Why Breaking Down Silos Is Key To Optimizing Cyber Insurance Investments

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Why Breaking Down Silos Is Key To Optimizing Cyber Insurance Investments - Forbes

Quick Summary:

It’s up to business and IT leaders to facilitate more effective collaboration so their teams can optimize cyber insurance investments.

After evaluating the situation more closely, the teams discovered that investing in MDR would significantly improve the organization’s cyber insurance position, unlocking cost savings on premiums they can reallocate to fund the service.

Among organizations with a cyber insurance policy, 43% of cybersecurity and IT leaders think their policy covers breach notification support but aren't certain.