Cybersecurity Insurance
Cyber Insurance Coverage is not Cybersecurity
When busying cyber insurance, you will be asked to prove you have comprehensive cybersecurity in place that reduces risk for your company. Many insurance companies and brokers will ask you to fill out a very detailed form and attest to the truthfulness. You may still get coverage without proof at a much higher rate, or with many exceptions and if there is a cybersecurity event that is claimed, proof of cybersecurity preparedness will be required to process your claim.
Let Cytellix® help you
Background
Executives involved in making cyber security insurance decisions should view the insurance as financial reaction and it will not prevent a break in company operations, performance of its services or losses of clients due to a cyber event. Cyber Insurance along with a structured cyber program that is rooted in a cyber compliance framework is the best mitigation action any company could take to prevent, respond and recover from a cyber event.
In advance of purchasing cyber insurance, a complete cyber framework based assessment would validate and verify the actual cyber posture of the company. It is a best practice to engage a 3rd party expert in this assessment as a confidential evaluation of risk.
A high scoring company in risk and cyber management may be able to negotiate lower premiums and higher coverage levels. Scoring leveraging a standards based cyber framework provides and industry measurement that provides a higher quality of measurement.
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Challenge & Exclusions
There is often a disconnect in the expectations for what is covered by most cyber insurance policies. The list below is a general list of topics that may be excluded from some policies and often times may include all of these.Act
- Government Claims
- Acts of War
- Contractual Liabilities
- Criminal Activity
- Disregard for Computer Security
- Extortion/Blackmail
- IP Theft
- Loss of Internet Operations
- Malware forwarding Claims
- Government Claims
Solution
Cytellix® has developed the only solution in the industry that can assess, identify and detect "known" and “unknown” threats in any enterprise environment, while providing complete network visibility.
Our patented Cytellix® Cyber Watch Portal (C-CWP™) brings together highly automated Governance Risk & Compliance (C-GRC™) with Managed Detection & Response (C-MDR™) to deliver a complete risk and response system that is targeted to small and medium businesses (SMB's) as an affordable turnkey solution.
Cytellix® can support a company of any size, from a handful of people in a small business to thousands of employees as we have done with the United States Government. Cytellix® uses the best techniques and technologies available today and continues to invent solutions that reduce risk, increase awareness and save our customer money, every day, without question.
Advantages
By combining proactive risk management, reporting, threat discovery and response as a service, Cytellix® safeguards the entire organization — and its web of connected devices, cloud environments, work from home employees and on premise solution — while maintaining compliance with a range of regulatory requirements, including NIST, ISO, SEC, PCI, HIPAA, FERPA and others.
Other key advantages include:
- Start with a turnkey Governance Risk and Compliance (C-GRC™) Solution
- Enhance your Cyber Awareness and Capabilities
- Improve your Cyber Resilience
- Measure your Progress with the C-CWP™
- Report in real-time risks and strengths
- Save money
Supporting this is an industry-leading core methodology that includes:
Cytellix® Platform
Questions? Contact Cytellix® for a Confidential Discussion
More organizations are buying cyber insurance. The underwriting of the policies has become more stringent requiring a cyber program and often validation of the program cabilities to prevent, respond and recover.
Cytellix® Cyber Watch Platform (C-CWP™)
C-CWP™ provides value by baselining the truth about the true cyber posture of our customers. We then move towards a cybersecurity mesh architecture of integrated continuous improvement that aligns with business objectives. C-CWP™ is an interoperable and open platform designed for change in posture and threat landscape. C-CWP™ is delivered as a complete “turnkey” outsourced service or in combination with internal teams and previously purchased security capabilities
Cytellix® Endpoint Detection Response (C-EDR™)
Cytellix® Endpoint Detection & Response (C-EDR™) is a flexible solution that can be used standalone, enables bring-your-own-license or can be provided turnkey as a complete managed solution with our C-GRC™, C-MDR™, XDR, SOC 24x7x365 managed Turnkey Solutions. The Cytellix turnkey C-EDR™ is a Enterprise grade solution that is complete and has full integration with the Cytellix platform.
Cytellix® Governance Risk & Compliance (C-GRC™) & IT Risk Management (IRM)
Risk Management requirements are evolving to align to the changes arising from compliance risk shifting towards regulatory impact on business process. The demand on organizations to understand their cybersecurity posture, report status and meet regulatory obligations is driving demand across the enterprise (small>large) for a non-technical, turnkey all-inclusive platform.
Cytellix® Managed Detection Response (C-MDR™)
Patented technology compiles information from the vulnerability's, governance, risk, compliance assessments, event data, and analytics. Delivers real-time analysis, including continuous improvement visualization and scorecard.
Extended Detection Response (C-XDR™)
The Cytellix® Extended Detection Response (C-XDR™) solution leverages our flagship Cytellix Cyber Watch Portal (C-CWP™) as turnkey compliance, awareness and response platform. Our C-XDR™ includes, vulnerability management, devices profiling, network segmentation, asset discover, threat intelligence, leak detection, EDR, pre-defined use cases for log ingestion and correlation of threats and our USA based 24x7x365 Security Operations Center (SOC). The Cytellix platform leverages our in-house AI/ML models for real-time telemetry, threat discovery/hunting and ticket reduction. This is a complete turn-key, affordable XDR solution.
Cybersecurity for Small and Medium Business
Cytellix® has designed its platform to enable the small and medium business to adopt quickly, with low friction at an affordable price. We have found that the tasks of both regulatory compliance with cybersecurity frameworks and building a high quality cybersecurity monitoring and infrastructure is a significant time, resource and expense issue for SMB's.
How We're Different
Cytellix® is a first-of-its kind patented SaaS platform that brings together cybersecurity, compliance, and risk management under one fully integrated umbrella. We know your "real security posture" and can provide a new way to manage and deploy cybersecurity capabilities, risk awareness, and compliance with a plan tailored to your specific situation and needs.
Contact Us
The Cytellix® team of experts have been delivering cybersecurity for the past 15-years to some of the largest networks in the world. This expertise is delivered to our SMB customers as an affordable, precise, and comprehensive solution designed for organizations who need to comply with Cybersecurity regulatory requirements. There is no other fully integrated GRC, MDR, XDR, EDR single pane of glass solution that is as rich in capabilities, as easy to use and available in production today.