target audience: TECH SUPPLIER  Publication date: Jun 2023 - Document type: IDC Survey Spotlight - Doc  Document number: # US50833122

Why Is a Security Assessment Required by Cyberinsurers?

By:  Philip D. Harris, CISSP, CCSK Loading

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Abstract


This IDC Survey Spotlight highlights the reason for the requirement of security assessment by cyberinsurers.

In a recent IDC survey regarding trends for security operations centers in the market, the following trends emerged:

  • Cyberinsurers have been requiring cybersecurity assessments since the inception of cyberinsurance.
  • Cyberinsurers are beginning to leverage external cybersecurity services providers to conduct assessment.
  • Cyberinsurer self-assessment questionnaires have proved to be less than adequate to determine the appropriate level of risk of a potential.


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