Nefarious activity continues to put pressure on carriers who are responding with even higher premiums and stricter underwriting requirements as they aim to mitigate risks. What was considered acceptable for 2022 may not be considered acceptable for 2023. 

The takeaway for companies in the market for cyber insurance is this: Get ready to answer a litany of pre-audit questions and demonstrate a hardened defense strategy. Read this blog to better understand cyber insurance requirements and how privileged access management is becoming a mandate.