BITSIGHT SECURITY RATINGS BLOG

It’s not hard to justify why you need property insurance when you’re surrounded by your physical goods that you don’t want to be lost or damaged in your home or business. So why isn’t cybersecurity the same?

The SolarWinds breach is already one of the most significant cybersecurity incidents ever. And as with any unprecedented cyber event, this will have long-term effects on the way businesses and government consider their security programs....

This post was originally published July 18, 2016 and has been updated for accuracy and comprehensiveness.

Hardly a day goes by without the emergence of a disturbing new trend in cyber crime or headline-grabbing hack. Hackers are getting smarter and threat vectors are constantly evolving. The escalating threat is forcing businesses to file more

In the months since BitSight’s inaugural EXCHANGE forum inaugural EXCHANGE forum, we have been digesting and processing the incredible sessions and discussions that came about from this forum. It was a great event that brought together...

Companies typically buy several lines of insurance—from property, to general liability, to professional liability. When something goes wrong, it’s common for a company to run to its insurance provider and claim that it has coverage. But...

Policy pricing is something every insurance company and underwriter struggles with at some point. The primary issue is differentiating between the risk an applicant presents and the information you’re given. Let’s take a closer look at how...

Determining whether you should quote or decline a cyber insurance applicant is an extensive and critical process. Typically, the decision is made after gaining an understanding of what the company does, identifying critical application...

If I were to ask you whether your cyber risk underwriting strategy is mature, your first question would likely be: “How do you define mature?” It’s a great question! Here’s the answer: A mature cyber risk underwriting strategy considers...