Cyber Insurance Risk Assessment

Cyber Insurance Risk Assessment

Cyber Insurance Risk Assessment

Don’t know what your risks are, or want a complete security review? QualiTest can analyze your needs and vulnerabilities.

 

The Cyber Insurance Risk Assessment provides policy review as well as physical penetration and vulnerability scanning focused on customers higher risk exposures as dictated by the industry the customer operates in.  A scoring system based on industry standard is provided along with remediation plans and retest to improve the customers score.  This provides more accurate assessment of risk for insurance companies as well as a path for improvement giving both the insurer and the insured paths to cost savings.  Levels of effort can be customized to the insurer and insured’s needs and budget.

  • Cyber Risk Assessment Services:
    • Penetration testing and vulnerability assessment: Identify and provide remediation recommendations to vulnerabilities in critical systems focused on the OWASP Top Ten
    • Policy and best practice reviews: Identify gaps in policy and practice that increase risk
    • Compliance auditing: Assess compliance level with leading standards such as HIPAA, GDPR, NIST, PCI-DSS, and others
    • Industry based potential threat assessment: Analyze probability of attack based on business functions of the client (used for prioritizing remediation efforts)
    • Impact assessment: Determine regulatory, financial and reputational impact
    • Cyber risk score: Calculate a standardized scoring structure based on performance on elements above to provide mechanism for insurers to provide coverage based on risk, which becomes the basis for reducing risk and lowering insurance premiums
    • Remediation and retest: Provide opportunities to remediate and retest to lower insurance rates providing incentive to reduce overall risk
    • On-going managed risk assessment services: Provide on-going assessment and remediation towards continual improvement and address new threats as they arise providing further opportunity to reduce risk and insured cost
  • Depending on levels approved:
    • Executive level report with critical risks and score review
    • Penetration testing and vulnerability assessment technical report with remediation recommendations
    • Policy and best practices review technical report
    • Threat assessment and probability report
    • Remediation and retest plan