The Cyber Insurance Landscape and the Role of Passwordless MFA

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Presented by

Michael Rothschild, HYPR and Simon Moffatt, The Cyber Hut

About this talk

Despite increased spending on cybersecurity, data breaches cost companies an average of $3.86 million per incident, leading more and more companies to seek cyber insurance coverage to protect their business. PwC estimates the cyber insurance market will grow to $7.5 billion in the next decade. This brisk growth combined with the increase of policy payouts however, have not necessarily translated into profit for carriers. As a consequence, companies taking out or renewing policies can expect steep premium increases and strict security requirements. This webinar features Simon Moffatt, founder of The Cyber Hut and Michael Rothschild, VP of Product at HYPR. They discuss The Cyber Insurance Landscape and the Role of Passwordless MFA. Topics covered include: - The threat landscape - Cyber insurance trends and new requirements - How to reduce premiums and meet the latest requirements
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This channel is brought to you by HYPR and is dedicated to providing thought provoking topics regarding the latest in cybersecurity, identity security, and passwordless MFA. HYPR Authenticate, HYPR Adapt, and HYPR Affirm are seamlessly integrated to provide an entirely passwordless user journey. The Identity Assurance solution is independent of any existing identity providers, enabling a common user experience and unparalleled visibility and risk assessment. The HYPR Identity Assurance solution is the industry’s only offering where risky behavior can trigger step-up authentication not only to authentication but also to enforcing automatic identity reverification.