Cybersecurity Insurance and MFA: What You Need to Know

Presented by

Cole Haney, Darcie Gainer, Jim Salmonson

About this talk

In this webinar, you will learn: What cyber liability insurance is, and why it’s increasingly a necessity for organizations of every size Why multi-factor authentication (MFA) is a requirement for purchasing or renewing a cyber insurance policy How Duo may help in reducing risk as well as reducing premium costs Cyber liability insurance (also known as cyber insurance) provides a general line of coverage for mitigating losses and costs from cyber incidents including data breaches, network damage, and potential business interruptions. To determine what coverage is necessary, cyber liability insurers calculate cost based on a variety of risk-factors. Among them are industry, data coverage — and, most importantly, the security measures already in place. These providers want to ensure their clients are taking the fundamental safety measures to protect their systems and users. One common basic requirement is MFA authentication for secure access to better validate the user’s identity and defend against account compromise. Much more than merely one more box in the insurance requirement checklist, choosing the right MFA solution for the modern hybrid or cloud environment can lay the foundation for shifting security strategy from reactive to proactive. Join special guest Cole Haney from insurance provider Hays Companies, along with Duo Security’s Product Marketing Manager Darcie Gainer and Federal Systems Engineer Jim Salmonson, to learn more about cyber liability insurance, MFA, and putting them together to build a strong security strategy for the future.

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Duo is a cloud-based security platform that protects access to all applications, for any user and device, from anywhere. It’s designed to be both easy to use and deploy, while providing complete endpoint visibility and control. Duo verifies users' identities with strong multi-factor authentication. Paired with deep insights into your users’ devices, Duo gives you the policies and control you need to limit access based on endpoint or user risk. Users get a consistent login experience with Duo's single sign-on that delivers centralized access to both on-premises and cloud applications. With Duo, you can protect against compromised credentials and risky devices, as well as unwanted access to your applications and data. This combination of user and device trust builds a strong foundation for a zero-trust security model.