Best Practice Report

Q&A: Cyberinsurance Fundamentals For Security And Risk Professionals

July 11th, 2012
Andrew Rose, null
Andrew Rose
With contributors:
Christopher McClean , Miroslaw Lisserman

Summary

Since cyberinsurance first emerged in the late '90s, the number of available policies, the scope of those policies, and the number of insurers offering them have all significantly increased. Due to climbing regulatory fines and heightened concern at the executive level about the steep rise in security breaches, many security and risk professionals are considering these policies as a viable mechanism for transferring risk. In this report, Forrester looks at the most common questions that clients ask in their evaluation of cyberinsurance policies. With input from Aon, CloudInsure, Hiscox, JLT Group, Marsh, other vendors, and current cyberinsurance clients, we provide answers to help you decide whether a policy is right for your organization.

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