The importance of a solid cybersecurity posture for Managed Service Providers (MSPs) and their SMB clients has never been greater than in today’s environment. However, most only focus on the tools and technologies that comprise a good cyber security posture - but these tools/technologies are not fool proof and may often leave businesses exposed when a security incident occurs. The missing element that could help mitigate the financial damage from a security incident is cyber insurance – which is often the most misunderstood and/or overlooked when it comes to a truly, holistic cyber security posture. The worlds of cybersecurity and cyber insurance are converging and MSPs must stay in front of this to ensure they are not only protecting themselves, but also protecting their clients as well.
We’ll discuss the trends we’re seeing in the cyber insurance marketplace and discuss where cyber insurance is headed in the future. You’ll also learn about the benefits of cyber insurance and how it can help protect you and your clients from the financial impact of cyber attacks. You’ll also learn how cyber insurance is driving and accelerating cybersecurity spend for many MSPs.