Implementing Robust Security Controls
Cyber insurance requirements have become increasingly stringent, necessitating the implementation of robust security controls to not only obtain coverage but also to maintain it. Imprivata offers solutions that streamline Multi-Factor Authentication (MFA) for both on-premises and cloud applications, ensuring secure access without compromising on security. By securing shared endpoints without resorting to generic logins and by managing privileged access effectively, organizations can meet the higher standards required by cyber insurance providers.
Digital Identity Management for Enhanced Security
Imprivata's identity management solutions are designed to provide the right level of security for accessing sensitive data. By securing digital identities, organizations can significantly reduce their risk profile, thereby keeping their premiums down and ensuring adequate coverage. These solutions offer comprehensive security measures without adding complexity for end users, making them cost-effective and easy to implement.
Proactive Strategy and Compliance
Staying compliant with evolving cybersecurity insurance requirements is crucial for organizations seeking coverage. Imprivata helps companies implement proactive digital identity strategies to ensure they meet the changing demands of insurers. By regularly assessing and updating their security measures, organizations can demonstrate a commitment to cybersecurity and qualify for the necessary coverage.
Risk Reduction and Coverage Maintenance
Maintaining coverage under cyber insurance policies depends on reducing the overall risk profile of the organization. Imprivata provides guidance on the five key considerations that businesses need to keep in mind when applying for or renewing their insurance coverage. By aligning their security strategy with industry best practices and ensuring its sufficiency, organizations can mitigate risks and ensure continued coverage.