Insurance industry puts a pin in ballooning cyber security costs

guest · Mar 27, 2019

Insurance industry puts a pin in ballooning cyber security costs
March 26, 2019
https://www.cybertalk.org/2019/03/2...uts-a-pin-in-ballooning-cyber-security-costs/

With over 3,500 companies to choose from, navigating the cyber security market can be a challenge. The level of detail and diligence involved in reviewing products can feel like a strain on company time and human resources.

Announced today by The Wall Street Journal, a collection of major insurance companies are unfurling an initiative to make the cyber security selection process easier for clients.
Cyber security companies will need to apply to have their products evaluated.

The program offers clients “…greater confidence that they are implementing cyber security tools that have a meaningful impact on reducing the cyber risks they face,” an industry leader explains.
Product recommendations are slated to emerge in the second quarter of 2019.
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