Easing cyber insurance woes using key controls 

With the rise of ransomware attacks and malicious emails driving up the costs of cybersecurity insurance premiums, organizations and insurance providers alike realize the need for a standardized measurement of risk, with universal scoring, through a holistic approach. Trust security frameworks, such as HITRUST, can help support the underwriting process.  

Watch Baker Tilly’s 10-minute session, presented at HITRUST Collaborate 2022, that dives into how organizations can alleviate some of these cybersecurity insurance challenges, including a detailed example demonstrating how underwriting needs align with the HITRUST framework. 

This lively session discusses: 

• Trends in cyber insurance claims and rates 
• Changes to coverages
• Enhanced underwriting procedures and the push for alignment with formalized control frameworks.