Can You Get Cyber Insurance Without MFA Implemented?

Cybercrime costs to reach $10.5 trillion by 2025

With a record $40 million paid out in 2021 from one single ransomware attack, cyber insurance has become a lot more complicated than it used to be. While an application or renewal used to be straightforward, insurers are now asking for a lot more information and expect more sophisticated security measures to be in place to meet their policies’ criteria. Multi Factor Authentication (MFA) is a common requirement that cyber insurers require, and something you should make sure you implement.

How do I implement MFA across my firm?

Don’t worry, we can walk you through it. We will introduce you to Multi Factor Authentication, and how to put it in place before your cyber insurance is up for renewal.

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