What cyber insurance asks about your IT security.
Cyber insurance applications ask detailed questions about how your business is protected. If the answers don't match what's really set up, a claim can be denied. Here's what insurers commonly ask about, in plain words.
- A plain list of any IT security gaps we find
- Plus a map of your Wi-Fi dead spots
The same few questions show up on most applications, so it pays to have them settled.
Multi-factor authentication
Is MFA, like a tap on your phone, required for email and remote access?
Protection on every computer
Is every computer watched for attacks, not just running basic antivirus?
Separate, tested backups
Are backups kept away from your network, and have restores been tested?
Updates
Are security updates installed promptly on every computer and server?
Email filtering
Is incoming email filtered for phishing before it reaches your team?
Phishing training
Does your team get regular training on spotting phishing emails?
A plan for a bad day
Is there a written plan for what happens if you're attacked?
Every insurer's form is different, so read yours closely. More on MFA and email security, cybersecurity and backups.
Security in place and answers that match, so your application is accurate.
We go through the security questions with you and say which are true today, which aren't yet, and what it takes to close the gap. Then we put the missing pieces in place. You and your agent fill out the application; we make sure the IT answers match what's actually set up.
This is a paid service, separate from the free review.
We're not an insurance agent, so coverage and price stay between you and your insurer.
We can't promise coverage, approval or a lower premium. Those decisions belong to the insurer. What we can do is make sure your security is in place and your IT answers are accurate.
Questions about cyber insurance.
Something else? Call (812) 965-1307 or email sales@augustusnetworks.com.
What security does cyber insurance require?
It varies by insurer, but most applications ask about the same things: multi-factor authentication on email and remote access, protection on every computer, backups kept separate and tested, security updates, email filtering, phishing training and a plan for what happens if you're attacked.
Can a claim be denied because of the application?
It can. If the application says something was in place and it wasn't when the attack happened, the insurer may refuse to pay. That's why the IT answers should match what's really set up.
Will better security lower our premium?
It might, but we can't promise that. Insurers set the price. Good security makes it more likely you can answer yes to their questions, and some insurers won't offer coverage without certain controls in place.
What if we can't answer yes to everything yet?
Don't guess. Answer honestly, then close the gaps. We can tell you which ones matter most and what it takes to fix them.
Do you sell cyber insurance?
No. We handle the IT security side. Coverage and pricing are between you and your insurance agent.
Book your free review.
About 30 minutes at your office, for local businesses. You get a plain list of any IT security gaps we find, plus a map of your Wi-Fi dead spots. No cost, no pressure.