WebinarsBusiness CaseVisibilityFebruary 13, 2024
Cyberinsurance and the Impact on Cybersecurity
Explore how cyberinsurance market dynamics—including rising premiums and claim volumes—are reshaping organizational cybersecurity strategies. Learn why comprehensive asset inventory and connected device security have become critical requirements for insurers, and discover best practices for reducing risk exposure while improving coverage eligibility.
What you'll learn
- Understand how cyberinsurance requirements drive asset inventory and security priorities
- Identify which device security practices directly impact insurance rates and claims
- Align IoT/OT security investments with cyberinsurance underwriting expectations
Frequently asked questions
- What cyberinsurance requirements are driving changes to asset security programs?
- Insurers now mandate comprehensive asset inventory and connected device security as prerequisites for coverage, with rising premiums tied directly to visibility gaps. ORDR helps organizations meet these requirements by providing complete asset discovery and classification across IoT, OT, and IoMT environments, ensuring insurability and reducing claim denials.
- How does device security impact cyberinsurance rates and claims?
- Specific security practices—such as device segmentation, vulnerability management, and access controls—directly influence underwriting decisions and premium calculations. ORDR's asset-centric approach identifies which connected devices pose the highest risk, allowing you to prioritize security investments that demonstrably improve insurance rates.
- What should organizations prioritize when aligning IoT/OT security with insurance expectations?
- Start with a complete, auditable asset inventory that demonstrates control and visibility—the baseline requirement for most cyber policies. ORDR enables this through automated discovery and continuous monitoring, ensuring your security posture meets underwriter standards and supports claim validation when incidents occur.
Related resources
This resource is published by ORDR, the connected asset security company. ORDR delivers AI-powered visibility, risk assessment, and automated protection for IoT, OT, and IoMT devices across healthcare, manufacturing, government, and financial environments. Browse all resources →